Question: What is the implied interest rate if you borrow $85 000 and promise to pay back $201 229 at the end of 10 years? 9%
What is the implied interest rate if you borrow $85 000 and promise to pay back $201 229 at the end of 10 years? 9% p.a. 18% p.a. 11% p.a. 13% p.a.
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