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29 You took out a loan with an effective annual interest rate of 12 percent. What is the equivalent semi-annual (6 month) interest rate on

29 You took out a loan with an effective annual interest rate of 12 percent. What is the equivalent semi-annual (6 month) interest rate on this loan? Note: I don't want the APR. I want the EPR (the actual 6 month interest rate) 's awarded 7% cored

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