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If you buy the Lear Jet, youre going to need a helicopter to take you to and from your private airport. You find a 1995
If you buy the Lear Jet, youre going to need a helicopter to take you to and from your private airport. You find a 1995 McDonnell Douglas MD-900 Explorer thats listed for $900,000. You dont have any money for a down payment, so the owner tells you hell sell you the helicopter if pay him $1,100,000 in two years. What is the interest rate on this loan? Use excel Formula Functions
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