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X 11.6.7 What is the nominal anal rate of interest compounded quarterly if a loan of S23.000 Is repaid in eight years by payments of

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X 11.6.7 What is the nominal anal rate of interest compounded quarterly if a loan of S23.000 Is repaid in eight years by payments of 51000 made at the end of every three months? The nominal awwal rate of interest is % compounded quarterly Round to two decimal places needed

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