Question: Consider you get a 4 . 0 0 0 loan. The only information we have is that you have to repay the loan in five

Consider you get a 4.000 loan. The only information we have is that you have to repay the loan in five constant quotes of 1.000. Calculate: a. Interest rate applied to the loan.
b. Total financial expenses (interest) to be paid during the five years.
Tip: Excel can be used only to calculate the IRR.

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