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The First Bank of Lending lists the following APR for loans. Determine the APY, or effective interest rate, for a loan amount that is between

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The First Bank of Lending lists the following APR for loans. Determine the APY, or effective interest rate, for a loan amount that is between $20,000 and $99,999. Round your answer to the nearest hundredth, if necessary. * interest rates are compounded quarterly

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