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show work please thanks! Continuing with the previous question, what annual true or effective interest rate (counts both simple and compound interest) would the owner
show work please thanks!
Continuing with the previous question, what annual true or effective interest rate (counts both simple and compound interest) would the owner of this lease contract earn each year? 5.96% 5.42% 6.00% 5.51% Continuing with the previous question, what annual true or effective interest rate (counts both simple and compound interest) would the owner of this lease contract earn each year? 5.96% 5.42% 6.00% 5.51%Step by Step Solution
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