Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:A loan calls for 5 equal annual payments of $2,350. If the loan amount is $ 8,686, the interest rate is: (Round your answer to the
nearest whole percent.)
Interest rate
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