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Home Q & A Board Science-Related Homework Help Mathematics
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bioFREAK11 bioFREAK11
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A year ago
A loan of $25,000,000 is to be repaid by annual year-end payments of $3,000,000 for 30 years. What is the effective interest rate on this loan?

▸ 9.746%

▸ 43.62%

▸ 3.600%

▸ 11.548%

▸ 21.598%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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cherylelcherylel
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A year ago
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bioFREAK11 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
branbran2k16
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Yesterday
This helped my grade so much Perfect
ethom947
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2 hours ago
Helped a lot
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