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for number 9 is 1,500,000 dollar) 9 A loan of Rp. 25.000.000 is to be financed to assist a person's college education. Based upon monthly

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for number 9 is 1,500,000

dollar) 9 A loan of Rp. 25.000.000 is to be financed to assist a person's college education. Based upon monthly compounding for 24 months, the end-of-the-month equal payment is quoted as Rp. 150.000. What nominal interest rate is being charged'! 10. You obtained a loan of Rp.75.000.000 to finance your home improvement project. Based on monthly compounding over 24 months, the end-of-the-month equal payment was figured to be Rp. 3500.000. What is the APR used for this loan

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