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A student loan stated 8.99% interest rate which compounded monthly. What is the true interest for the loan? A. 9.17 % B. 9.77 % C.
A student loan stated 8.99% interest rate which compounded monthly. What is the true interest for the loan?
| A. | 9.17 % | |
| B. | 9.77 % | |
| C. | 9.37 % | |
| D. | 9.05 % | |
| E. | 9.27 % |
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The Management Of Business Finance
Authors: John Freear
1st Edition
0273014315, 978-0273014317
