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You took out a loan with an effective annual interest rate of 10 percent. What is the equivalent 18-month interest rate on this loan? Note:

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"You took out a loan with an effective annual interest rate of 10 percent. What is the equivalent 18-month interest rate on this loan? Note: I don't want the APR, I want the EPR (the actual interest rate charged over 18 months) (Click to select) 6.56% 15.37% 15.6% 15.2% 15.52%

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