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Assume quarterly-payments of $3,000 loan for one year at 8 percent. The APR is Ca. 10:24 percent leb, 12.42 percent c. none of the above

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Assume quarterly-payments of $3,000 loan for one year at 8 percent. The APR is Ca. 10:24 percent leb, 12.42 percent c. none of the above d. 8.24 percent Prepayment of loans may be initiated by a. borrowers and lenders b. bank auditors c the central bank d. bank regulators

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