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  3. annual payments be repay in five equal annual end

annual payments be repay in five equal annual end of year payments of 10 000...

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annual payments be repay in five equal annual end of year payments of 10 000 with the first payment to 5 29 Solving for r of an annuity You lend a friend 30 000 which your friend will be received 1 year from now What rate of return does your loan earn

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