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If Dave had borrowed $440 for one year at an APR of 4%, compounded monthly, what would have been the effective annual interest rate charged
If Dave had borrowed $440 for one year at an APR of 4%, 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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Financial Intelligence For Entrepreneurs What You Really Need To Know About The Numbers
Authors: Karen Berman, Joe Knight
1st Edition
1422119157, 9781422119150
