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Your friend Imma Cheat is lending you some money and you want to calculate what annual percentage rate he will charge you. Imma wants to

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Your friend Imma Cheat is lending you some money and you want to calculate what annual percentage rate he will charge you. Imma wants to earn an effective rate of 25.25% and the loan interest is compounded monthly. A 18.05 percent B 19.13 percent C 20.47 percent 22.73 percent

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