Question
Using tables in appendix 2A, estimate the interest rate you would earn if you loaned a friend $5000 today and the friend promised in return
Using tables in appendix 2A, estimate the interest rate you would earn if you loaned a friend $5000 today and the friend promised in return to pay you $1000 at the end of each of the next 7 years.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
