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Mark Alice borrows $4847 from Lily Canada Inc and promised to repay Lily $5267 in 3 years. What is the quoted rate compounded monthly charged

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Mark Alice borrows $4847 from "Lily Canada Inc" and promised to repay Lily $5267 in 3 years. What is the quoted rate compounded monthly charged by Lily? Quoted rate compounded monthly = % (Note: please retain at least 4 decimal places in your calculations and at least 2 decimal places in your answer.) Notes

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