What annual rate of return is implied on a 1800 loan taken


1. What annual rate of return is implied on a $1,800 loan taken next year when $3,900 must be repaid in year 10?

2. What annual rate of return is earned on a $4,500 investment made in year 3 when it grows to $9,500 by the end of year 9?

3. What function does a bank’s CFO spend the majority of their time on?

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Financial Management: What annual rate of return is implied on a 1800 loan taken
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