show work please (Solving for r of an annuity) You lend a friend $15,000, which your friend will repay in 5 equal annual end of year payments of $4,000, with the first payment to be received 1 year from now What rate of return does your loan receive The rate of return your loan will receive is (Round to two decimal places)

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show work please (Solving for r of an annuity) You lend a friend $15,000, which your friend will repay in 5 equal annual end of year payments of $4,000, with the first payment to be received 1 year from now  What rate of return does your loan receive  The rate of return your loan will receive is   (Round to two decimal places)

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show work please (Solving for r of an annuity) You lend a friend $15,000, which your friend will repay in 5 equal annual end-of-year payments

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