Find what is the loan annual ear

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Question 1: A loan is offered with monthy payments and a 9.00 percent APR. Whats the loan's annual EAR? Show the equation. Provide the example.

Reference no: EM132604696

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Find what is the loan annual ear : A loan is offered with monthy payments and a 9.00 percent APR. Whats the loan's annual EAR? Show the equation. Provide the example.
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