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You borrow $85,000; the annual loan payments are $8,273.59 for 30 years. What interest rate are you being charged?

You borrow $85,000; the annual loan payments are $8,273.59 for 30 years. What interest rate are you being charged?

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1 comment
  • RATE(30,8273.59,-85000) gives 9% as the rate
    • payaljain3
    • May 17, 2018 at 3:17am

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Loan: It is the money borrowed... View the full answer

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