Question 9 You borrowed $9,610 payable in 5 years with yearly payment of $3,500. ¿What is...

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Question

Answer 1

Answer #1

Answer is Option c 24%

B5 =RATE(B2,-B3,B1) в 9610 1 Amount Borrowed 2 Time 3 Yearly Payment 5 3500 5 Rate =RATE(B2,-B3,B1)

B5 - : x fc с =RATE(B2,-B3,B1) D E в 9610 1 Amount Borrowed 2 Time 3 Yearly Payment 3500 5 Rate 24%

Answer 2

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