If an interest rate of 6.9% compounded semi- annually is charged on a car loan, what effective

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If an interest rate of 6.9% compounded semi- annually is charged on a car loan, what effective rate of interest should be disclosed to the borrower?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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If an interest rate of 6.9% compounded semi- annually is charged on a car loan, what effective rate of interest should be disclosed to the borrower?
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If an interest rate of 6.9% compounded semi- annually is charged on a car loan, what effective

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Business Mathematics In Canada

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