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Mathematics, 23.08.2021 19:50 allyssaharrisooy50au

6. The Lucky Loan Company will lend $10000 with terms that require you to pay off the loan in 36 monthly installments of $500 each. What is the effective annual interest rate that the company is charging you?

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6. The Lucky Loan Company will lend $10000 with terms that require you to pay off the loan in 36 mon...
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