Mathematics, 06.07.2019 09:30, Megcuttie101

Paulo took out a $900 loan using an 12% simple interest rate for a period of 9 months. what the effective annual interest rate for the loan? give your answer as a percentage to the nearest tenth of a percent.

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Paulo took out a $900 loan using an 12% simple interest rate for a period of 9 months. what the effe...