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Question 10 of 10 Month-end payments of $1,530 are made to settle a loan of $149,340 in 9 years. What is the effective interest rate?

Question 10 of 10 Month-end payments of $1,530 are made to settle a loan of $149,340 in 9 years. What is the effective interest rate? 0.00% Round to two decimal places

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