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Problem 4-38 Solving for Rates (LG4-7) What annual rate of return is implied on a $2,500 loan taken next year when $5,000 must be repaid

Problem 4-38 Solving for Rates (LG4-7) What annual rate of return is implied on a $2,500 loan taken next year when $5,000 must be repaid in year 6? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual rate of retun

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