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A lender charges a monthly rate of 2 per cent. What is the effecative annual percentage rate? O A 24% 26.82% OB O c. 12.68%

A lender charges a monthly rate of 2 per cent. What is the effecative annual percentage rate? O A 24% 26.82% OB O c. 12.68% OD. 28.62%

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