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Show using the BA11 plus calculator 2) What is the effective annual interest rate on a 9% APR automobile loan that has D) 9.38% 3)
Show using the BA11 plus calculator 2) What is the effective annual interest rate on a 9% APR automobile loan that has D) 9.38% 3) What is the effective annual rate of interest on a deposit that pays interest of 10% monthly payments? A) 10.94% B) 9.81% C) 9.00% continuously compounded? A) 10.517% B) 1.105% C) 9.531 % D) 10.000%
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