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Question 3: Jan Jacobs can borrow $2,000 to be repaid in equal annual end-of-year amounts...

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Question 3: Jan Jacobs can borrow $2,000 to be repaid in equal annual end-of-year amounts of $600 for the next 5 years. Help her find the interest rate on this loan (approximate your result to two decimal digits, show an excel sheet of your numerical work)

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