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b ) 5 points. The APR on a loan of $ 2 6 , 0 0 0 taken at EOY 0 was 1 5 %
b points. The APR on a loan of $ taken at EOY was Determine the interest
paid on this loan at the end of the first month.
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
