What annual rate of interest is implied on a $5,000 loan taken next year when one...
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What annual rate of interest is implied on a $5,000 loan taken next year when one repayment of $7,700 must be made in year 8? O 7.12 percent 8.54 percent 6.36 percent 11.62 percent What annual rate of interest is implied on a $5,000 loan taken next year when one repayment of $7,700 must be made in year 8? O 7.12 percent 8.54 percent 6.36 percent 11.62 percent
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