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year at a stated annual interest rate of 14% If you borrow $2,000 from a bant for one but the interest is prepaid la discoated

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year at a stated annual interest rate of 14% If you borrow $2,000 from a bant for one but the interest is prepaid la discoated loan), then what is Bear your effective annual rate? a) 16.28% b) 28.00% S 8.57% 2.00%

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