Question: Problem 4-20 Spreadsheet Problem: Solving for Rates (LG4-7) What annual rate of return is implied on a $2,500 loan taken next year when $6,000 must
Problem 4-20 Spreadsheet Problem: Solving for Rates (LG4-7) What annual rate of return is implied on a $2,500 loan taken next year when $6,000 must be repaid in year 6? Note: Do not round intermediate calculations. Round your answer to 2 decimal places
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