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Business, 01.12.2021 04:20 saja19

When calculating a loan effective interest rate, if the nominal rate is 8. 5%, what value of i do you plug into your equation? a. 8. 5 b. 0. 85 c. 0. 085 d. 1. 85 Please select the best answer from the choices provided A B C D.

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When calculating a loan effective interest rate, if the nominal rate is 8. 5%, what value of i do yo...
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