What annual rate of return is implied on a $2,500 loan taken next year when $3,500 must
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FV N PV 1 i N FV 4 PV 1 1 i 4 1 3500 25...View the full answer
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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