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Solving for Rates What annual rate of return is implied on a $2,000 loan taken next year when $4,500 must be repaid in year 10?

Solving for Rates What annual rate of return is implied on a $2,000 loan taken next year when $4,500 must be repaid in year 10?

Multiple Choice 8.45% 13.89% 9.43% 12.50%

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