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4.Stanley is deciding to purchase a third watch but wants to know the nominal annual interest rates: Loan details: Loan amount = $350 000. The

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4.Stanley is deciding to purchase a third watch but wants to know the nominal annual interest rates: Loan details: Loan amount = $350 000. The loan term is 4 years. The monthly instalments is $9045.93. Option 1) 11.51% Option 2) 11.00% Option 3) 9.22% Option 4) 16.59%

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