Ross Land has a loan of $8,500 compounded quarterly for four years at 6%. What is the

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Ross Land has a loan of $8,500 compounded quarterly for four years at 6%. What is the effective interest rate for the loan? Use the table method.
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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