Quarter$-$end payments of $$1,410$ are made to settle a loan of $$29,520$ in $8$ years. What is the effective interest rate?When handling conflict my preferred approach to use is collaboration. This is because I want both parties to take away a positive from the conflict. With collaboration you will need to give and take, and I like that approach because it involves being cooperative with each party involved. It also involves problem solving for me I enjoy problem solving. I prefer to use collaboration in conflict because in the end it will be a win$-$win situation and that is the type of person I am$.$ I do not like seeing people angry or upset and by this you can find a positive solution for both parties. This year I had to handle conflict and it was not a situation I have ever seen before. In this situation I needed to accommodate due to the circumstances. I do believe this was the right decision in the moment because at the end of it the other party was satisfied but still quite upset at the situation. Making the other party happy in the moment was the right choice and I felt like I dealt with the conflict the best I could. I am not sure I would handle it any differently due to the situation and even after looking at the different approaches I strongly believe I handled it the right way. The other option I thought about that I could have used would have been collaboration but the time i needed to please the person in conflict. What is the conclusion?