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Hi, I need help with my finance assignment please 3. Lewis and Clark Camping Supplies Inc. is borrowing $36,000 from Western State Bank. The total

Hi, I need help with my finance assignment please

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3. Lewis and Clark Camping Supplies Inc. is borrowing $36,000 from Western State Bank. The total interest is $18,000. The loan will be paid by making equal monthly payments for the next three years. What is the effective rate of interest on this installment loan? (In percent rounded to 2 decimal places.) put your answer as a Effective rate of interest 0

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