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Venture capital Maple Ventures has a success ratio of 20% with its venture funding. The managers at Maple require a 25% return on their portfolio
Venture capital
Maple Ventures has a success ratio of 20% with its venture funding. The managers at Maple require a 25% return on their portfolio of lending and the average length of an investment is 5 years. If you are looking to borrow $160,000 from Maple, what is the annual percentage rate you would be required to pay on this loan?
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