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solving for rates what annual rate of return is implied on a $2300 loan taken next year when $5400 must be repaid in year 11?
solving for rates
what annual rate of return is implied on a $2300 loan taken next year when $5400 must be repaid in year 11?
a.)12.25%
b.)13.48%
c.)8.91%
d.)8.07%
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