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3. Helen borrows $1000. To repay the amount, she makes 12 equal monthly payment of $9312. Show detail of your calculation ih ine a) The

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3. Helen borrows $1000. To repay the amount, she makes 12 equal monthly payment of $9312. Show detail of your calculation ih ine a) The monthly interest rate b) The nominal Rate c) The effective annual rate d) The Continues rate

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