Business
Business, 24.02.2020 18:22, chocolate12377

Picabo borrows $1,000. To repay the amount, she makes 12 equal monthly payments of $93.12. Determine the following: a) The monthly interest rate b) The nominal annual interest rate c) The effective annual interest

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Picabo borrows $1,000. To repay the amount, she makes 12 equal monthly payments of $93.12. Determine...

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