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pompa pompa
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7 years ago
Timothy borrows $6,930 from the bank. For a four-year loan, the bank requires annual end-of-year payments of $2,281.86. Calculate the interest rate on the loan.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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pompa Author
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Helped a lot
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You make an excellent tutor!
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