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Use factors and a spreadsheet to determine the interest rate per period from the following equation: 0 = -38,000 + 8,000 (P/A,1*,5) + 8,000 (P/F,c*,8)
Use factors and a spreadsheet to determine the interest rate per period from the following equation: 0 = -38,000 + 8,000 (P/A,1*,5) + 8,000 (P/F,c*,8) The interest rate per period is 0 %
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
2nd Edition
0072318252, 9780072318258
