Power designs professional liability insurance

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Power Designs’ professional liability insurance canbe paid annually or semiannually. If paid annually, itcosts $12,000. If paid semiannually, $750 is added toeach payment. If the installment plan is chosen, whatis the effective annual rate being paid on the “loan”?

Reference no: EM131459812

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Power designs professional liability insurance : Power Designs’ professional liability insurance canbe paid annually or semiannually.

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