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Suppose a friend wants to borrow $2,000 today and promises to repay you $2,939 five years from now. What is (approximately) the annual interest rate

Suppose a friend wants to borrow $2,000 today and promises to repay you $2,939 five years from now. What is (approximately) the annual interest rate you would be agreeing to? 1% 2% 03% % 5% O 6% 7% 08% 9% 10%

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