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Monthly Payments Assignment | Top Universities

Author:
March 18th, 2020
PROBLEM #1: 20% (10%) You borrow $ 5,000.00 and repay it back in monthly payments of $ 200.00 for three years.
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A) What is the APR you have been charged?
B) What is the effective annual interest rate you have been charged? Get Accounting Homework Help Today

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