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Intro Consider a loan for $81,456 that is paid off in 15 yearly payments of $9,000. Attempt 1/1 for 10 pts. Part 1 What is

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Intro Consider a loan for $81,456 that is paid off in 15 yearly payments of $9,000. Attempt 1/1 for 10 pts. Part 1 What is the interest rate? B+ decimals Save Bank of America quotes a rate of 11.8% with monthly compounding for a consumer loan, while Wells Fargo quotes you 12% with annual compounding. - Attempt 1/1 for 10 pts. Part 1 What is the EAR for Bank of America? . B+ decimals Save

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