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Hello, Can you help with the below and use the proper format to show all the work for me? Thanks Determining Interest Rates. The Benevolent
Hello,
Can you help with the below and use the proper format to show all the work for me? Thanks
- Determining Interest Rates. The Benevolent Company has agreed to lend you funds to complete the last year of your degree. The Company will lend you $2,400 today, if you agree to repay a lump sum of $4,000 four years from now. What is the approximate annual rate of interest that Benevolent is charging you?
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
