If you borrow 9386 and are required to pay back the loan in


If you borrow $9,386 and are required to pay back the loan in five equal annual installments of $2,800, what is the interest rate associated with the loan? (Round your answer to the nearest whole percent.)

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Financial Management: If you borrow 9386 and are required to pay back the loan in
Reference No:- TGS02298328

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