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The value of a 7 year lease that requires payments of $800 made at the beginning of every quarter is $19,600. What is the nominal
The value of a 7 year lease that requires payments of $800 made at the beginning of every quarter is $19,600. What is the nominal interest rate compounded quarterly? Round to two decimal places Question 10 of 10 Month-end payments of $1,530 are made to settle a loan of $131,080 in 8 years. What is the effective interest rate? % Round to two decimal places
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