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What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 13.2% and a maturity value of $212,000? (Do

What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 13.2% and a maturity value of $212,000? (Do not round intermediate calculations. Round final answer to 1 decimal place.) 12.7%. 14.7%. 13.2%. 13.7%

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