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You loan a friend $15,000 and receive $20,000 5 years later. What annual interest rate did you receive on your investment? 6.33% 6.67% 5.92% 6.05%
You loan a friend $15,000 and receive $20,000 5 years later. What annual interest rate did you receive on your investment?
6.33% | ||
6.67% | ||
5.92% | ||
6.05% |
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