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Solving for Rates What annual rate of return is implied on a $2,500 loan taken next year when $6,000 must be repaid in year 11?
Solving for Rates What annual rate of return is implied on a $2,500 loan taken next year when $6,000 must be repaid in year 11?
A 8.28%
B 12.73%
C 14.00%
D 9.15%
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