Question
What annual rate of return is implied on a $2,500 loan taken next year when $5,625 must be repaid in year 6? (Do not round
What annual rate of return is implied on a $2,500 loan taken next year when $5,625 must be repaid in year 6? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Annual rate of return?
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Rockin Your Business Finances
Authors: Chrstine Odle
1st Edition
0999135104, 9780999135105
