You have a loan for $14,000 that has a minimum payment of $1,031 per year for 20

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You have a loan for $14,000 that has a minimum payment of $1,031 per year for 20 years. What is the interest rate on your loan? Round your answer to the nearest whole percent.

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International Finance Putting Theory Into Practice

ISBN: 978-0691136677

1st edition

Authors: Piet Sercu

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Posted Date: Mar 05, 2020 12:11 AM

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You have a loan for $14,000 that has a minimum payment of $1,031 per year for 20

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PRESENT VALUE OF INTEREST FOR ... View the full answer

International Finance Putting Theory Into Practice

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