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Question 7 of Question 7 10 points Seve An Haverly, Inc. has borrowed $100,000. The loan is subject to a 10% compensating balance and
Question 7 of Question 7 10 points Seve An Haverly, Inc. has borrowed $100,000. The loan is subject to a 10% compensating balance and has an effective interest rate of 13.33% Calculate the quoted interest rate on the loan (Round to nearest whole percent) O 10% Ob.13% Ocly Od. 12%
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