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4-14 A local finance company will loan $10,000 to a A homeowner. It is to be repaid in 24 monthly pay- ments of $499 each.

4-14 A local finance company will loan $10,000 to a A homeowner. It is to be repaid in 24 monthly pay- ments of $499 each. The first payment is due 30 days after the $10,000 is received. What interest rate per month are they charging

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