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Jed wants to borrow $ 1,000 from you.He is proposing to repay you with three annual payments of $ 323.66 starting immediately. Inaddition, he will

Jed wants to borrow $1,000 from you.He is proposing to repay you with three annual payments of $323.66 starting immediately. Inaddition, he will make a finallump-sum payment of $150 three years from today. What rate of return are you earning on theloan?

What rate of return are you earning on theloan?

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