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If you borrow $12,000 and are required to pay back the loan in five equal annual installments of 3,000, what is the interest rate associated
If you borrow $12,000 and are required to pay back the loan in five equal annual installments of 3,000, what is the interest rate associated with the loan?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
