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The second national bank of fullerton advertises an apr of

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1)The second national bank of fullerton advertises an APR of 14% compounded monthly for student loans. Determine the APY? setup the solution on paper as well as on spreadsheet.

 

2)How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000

Reference no: EM13325673

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