A finance company is using the Money by Mail offer shown in Problem 7-43. Calculate the yearly

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A finance company is using the "Money by Mail" offer shown in Problem 7-43. Calculate the yearly nominal IRR received by the company if a customer chooses the $3000 loan but declines the credit insurance.
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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