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Your sister Samantha is lending you some money, and wants to earn an effective rate of 14%. If the loan has interest compounded monthly, what

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Your sister Samantha is lending you some money, and wants to earn an effective rate of 14%. If the loan has interest compounded monthly, what annual percentage rate must she charge? 13.17 % O 14.93 % O 15.23% O 16.00 % None of the above is correct

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