About the calculate effective interest rate

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Reference no: EM131332820

Assume Community Healthcare Provider borrowed $600,000 during the year on a credit line of $1 million with an interest rate of 9 percent with no fees. Calculate the effective interest rate?

Reference no: EM131332820

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About the calculate effective interest rate : Assume Community Healthcare Provider borrowed $600,000 during the year on a credit line of $1 million with an interest rate of 9 percent with no fees. Calculate the effective interest rate?

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