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Solve using the ba2 plus calculator 2) What is the effective annual interest rate on a 9% APR automobile loan that has monthly payments? A)

Solve using the ba2 plus calculator

2) What is the effective annual interest rate on a 9% APR automobile loan that has monthly payments? A) 10.94% B) 9.81% C) 9.00% D) 9.3890

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