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If you borrow $7,300 at $800 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers

If you borrow $7,300 at $800 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.)

	Effective rate
a. Annual payment	%
b. Semiannual payments	%
c. Quarterly payments	%
d. Monthly payments	%

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