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1.compute the effective interest rate on a 3 year business loan arranged over the internet that requires monthly payments and has an apr of u+6%?
1.compute the effective interest rate on a 3 year business loan arranged over the internet that requires monthly payments and has an apr of u+6%?
2.compute the monthly payment on a 15 year mortgage of $447,000+u dollars if the apr is 5.75?
u=12
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