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18 Jan 2018
Ms. Smith borrowed $2,000 at an 8% stated rate of interest and was to pay back the loan in 12 monthly payments. What is her effective rate of interest?
Ms. Smith borrowed $2,000 at an 8% stated rate of interest and was to pay back the loan in 12 monthly payments. What is her effective rate of interest?
21 Jul 2021
21 Jul 2021
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