What is the effective annual interest rate on this loan

Reference no: EM133559968

Question: abe is offered a loan of $22,000 that requires 60 monthly payments of $446.50. what is the effective annual interest rate on this loan?

Reference no: EM133559968

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What is the effective annual interest rate on this loan : abe is offered a loan of $22,000 that requires 60 monthly payments of $446.50. what is the effective annual interest rate on this loan

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