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A loan is offered with monthly payments and a 9.25 percent APR. Whats the loans effective annual rate Given a 4 percent interest rate, compute
A loan is offered with monthly payments and a 9.25 percent APR. Whats the loans effective annual rate
Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,600, $1,800, $1,800, and $2,100.
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