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Tyler took out a loan at a 14.7% APR, compounded monthly, to buy a boat, and he is making monthly payments to pay off

Tyler took out a loan at a 14.7% APR, compounded monthly, to buy a boat, and he is making monthly payments to pay off the loan. Which of these interest rates would have allowed Tyler to pay off the loan faster? A. 15.6%, compounded monthly OB. 16.2%, compounded monthly OC. 15.0%, compounded monthly OD. 14.4%, compounded monthly

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