Question: A B D E H K P5-27 Modified (assume the loan interest rate is quarterly compounding) You've run out of money for college, and

A B D E H K P5-27 Modified (assume the loan interest

A B D E H K P5-27 Modified (assume the loan interest rate is quarterly compounding) You've run out of money for college, and your college roommate has an idea for you. He offers to lend you $15,000 for which you will repay him $37,313 at the end of five years. If you took this loan, what interest rate (compounded quarterly) would you be paying on it? PV i nper m FV Annual quarterly interest rate

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