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Question 26 Not yet answered Marked out of 4.00 P Flag question A bank makes a 8% $100,000 discount loan for one year. What is

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Question 26 Not yet answered Marked out of 4.00 P Flag question A bank makes a 8% $100,000 discount loan for one year. What is the real effective interest rate (to 2 decimals) on the loan? Enter only numbers and decimal: %

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