A $600 stereo is financed for 6 months by making monthly payments of $110. What is the
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A $600 stereo is financed for 6 months by making monthly payments of $110. What is the annual nominal compounding rate for this loan?
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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