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If Dave had borrowed $400 for one year at an APR of 19%, compounded monthly, what would have been the effective annual interest rate charged
If Dave had borrowed $400 for one year at an APR of 19%, compounded monthly, what would have been the effective annual interest rate charged on the loan? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Effective annual rate of interest %
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Research Methods In Accounting
Authors: Malcolm Smith
5th Edition
1526490676, 978-1526490674
