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4 ) Taylor Swift will be launching the international portion of her Eras Tour soon. In order to purchase the equipment necessary to launch it
Taylor Swift will be launching the international portion of her Eras Tour soon. In order to purchase the equipment necessary to launch it she must take out a loan of $ for a year. The interest rate is but the bank is requiring a compensating balance of of the loan proceeds. What is the effective rate of this loan?
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