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If you borrow $9,725 and are required to repay the loan in five equal installments of $2,500 each. What rate of interest you have paid?
If you borrow $9,725 and are required to repay the loan in five
equal installments of $2,500 each. What rate of interest you have
paid? Also mention amount of interest.
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To determine the interest rate and total amount of interest paid for a loan we can use the concept o...
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
