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16.70 points Problem 6-15 Calculating APR [LO4] Tai Credit Corp. wants to earn an effective annual return on its consumer loans of 14.5 percent per

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16.70 points Problem 6-15 Calculating APR [LO4] Tai Credit Corp. wants to earn an effective annual return on its consumer loans of 14.5 percent per year The bank uses daily compoun potential borrowers? (Use 365 days a year. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. o.g. 32.16.) ding on its loans. What interest rate is the bank required by law to report to Interest rate ferences eBook & Resources Difficuity Basic Worksheet Leaming Objective: 06-04 How Problem 6-15 Calculating APR [LO4] Check my work

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