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Your client obtained financing in the form of a $100,000 amortizing loan with payments of $955.65 at the end of each month for 15 years.
Your client obtained financing in the form of a $100,000 amortizing loan with payments of $955.65 at the end of each month for 15 years. What is the APR being paid? What is the EAR being paid? Please use excel
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