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9 What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 12.9% and a maturity value of $209,000?

9 What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 12.9% and a maturity value of $209,000? (Do not round intermediate calculations. Round final answer to 1 decimal place.) 25 points 8 01:49:33 Multiple Choice 13.3%. 12.9%. 12.3% 14.3%

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