Question: I need it written or typed out, not excel solution A loan of 50,000 is repaid by annual payments of 4000 in arrear over a

I need it written or typed out, not excel solution
I need it written or typed out, not excel solution A loan

A loan of 50,000 is repaid by annual payments of 4000 in arrear over a period of 20 years. What is the effective rate of interest per annum

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