A $20,000 loan has a $4,747 93 annual payment The loan is for 5 years What is the interest rate Enter answer as whole percentage, no dccimals (e g enter 8 percent as 8) Numeric Response A $20,000 loan has a $4,747 93 annual payment The loan is for 5 years What is the interest rate Enter answer as ...

To calculate the interest rate on the loan we can use the Present Value PV formula for an ordinary ...

A $20,000 loan has a $4,747.93 annual payment. The loan is for 5 years. What is...

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: May 31, 2023 03:17 AM

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A $20,000 loan has a $4,747.93 annual payment. The loan is for 5 years. What is...

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