A loan of $50,000 is repayable by 18 monthly installments of $2,993, starting 1 month after the
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A loan of $50,000 is repayable by 18 monthly installments of $2,993, starting 1 month after the loan is advanced. What is the effective annual interest cost?
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Statistics The Exploration & Analysis Of Data
ISBN: 9780840058010
7th Edition
Authors: Roxy Peck, Jay L. Devore
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