What annual rate of return is implied on a 2500 loan taken


Question: What annual rate of return is implied on a $2,500 loan taken next year when $4,125 must be repaid in year 5? (Do not round intermediate calculations and round your final answer to 2 decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: What annual rate of return is implied on a 2500 loan taken
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