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1 What is the total amount of interest paid on a one-year $10,000 loan at 8.4% annual interest, compounded monthly? 2 What is the effective

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1 What is the total amount of interest paid on a one-year $10,000 loan at 8.4% annual interest, compounded monthly? 2 What is the effective rate on a one-year $10,000 loan at 8.4% annual interest, compounded monthly? 3 What is the APR on a one-year $10,000 loan at 8.4% annual interest, compounded monthly, if upfront fees on the loan are $0? 4 What is the APR on a one-year $10,000 loan at 8.4% annual interest, compounded monthly, if upfront fees on the loan are $100? Answer All 4 Parts

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