Question
What is the effective annual interest rate on a 19% APR home equity loan that has quarterly payments?
What is the effective annual interest rate on a 19% APR home equity loan that has quarterly payments?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
7th edition
978-0077616472, 77616472, 78034647, 978-0071314749, 71314741, 978-0078034640
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