What rate of return does your loan receive

Reference no: EM13272983

You lend 50,000 which your friend will repay in 12 equal payments of 8,000.First payment to be received in 1 year from now. What rate of return does your loan receive?

Reference no: EM13272983

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What rate of return does your loan receive : You lend 50,000 which your friend will repay in 12 equal payments of 8,000.First payment to be received in 1 year from now. What rate of return does your loan receive?

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