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The stated interest rate is 6% for $30,000. If there is a fee of $200 upfront, what is the APR or Effective interest rate?
The stated interest rate is 6% for $30,000. If there is a fee of $200 upfront, what is the APR or Effective interest rate?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
