A broadband service company borrowed 24 million and repaid
A broadband service company borrowed $2.4 million and repaid the loan in amounts of $200,000 in years 1 and 2 plus a lump sum amount of $3.168 million at the end of year 3. What was the interest rate on the loan?
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a broadband service company borrowed 24 million and repaid the loan in amounts of 200000 in years 1 and 2 plus a lump
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