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What effective rate of return does the finance company earn on the purchase? Howardson Electric obtained a $90,000 loan at 6.75% compounded monthly. What size

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What effective rate of return does the finance company earn on the purchase? Howardson Electric obtained a $90,000 loan at 6.75% compounded monthly. What size of semiannual payments will r oan in 10 years? The interest rate on a $30,000 loan is 7.5% compounded monthly

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