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To start a new business, Alysha intends to borrow $ 14,000 from a local bank. If the bank asks her to repay the loan in

To start a new business, Alysha intends to borrow $ 14,000 from a local bank. If the bank asks her to repay the loan in 5 equal annual instalments of $3,883.74, determine the bank's effective annual i...

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