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What is the nominal annual interest rate compounded monthly if a loan of $35,000 is paid off by payments of $1,300 made at the beginning
What is the nominal annual interest rate compounded monthly if a loan of $35,000 is paid off by payments of $1,300 made at the beginning of each 3 months for 8 years?
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Public Finance
Authors: Harvey S. Rosen
5th Edition
025617329X, 978-0256173291
