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help me please thank you Question 27 1 pts In a P28,591,650 one-year, 8% discounted loan, what is the effective interest rate? 7.41 percent 8.70

help me please thank you

Question 27 1 pts In a P28,591,650 one-year, 8% discounted loan, what is the effective interest rate? 7.41 percent 8.70 percent 9.07 percent 8.00 percent

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