Quarter-end payments of $1,470 are made to settle a loan of $37,120 in 9 years. What is

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Quarter-end payments of $1,470 are made to settle a loan of $37,120 in 9 years. What is the effective interest rate?

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Accounting Business Reporting for Decision Making

ISBN: 9780730302414

4th edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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Posted Date: Oct 31, 2022 05:39 AM

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Quarter-end payments of $1,470 are made to settle a loan of $37,120 in 9 years. What is

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Accounting Business Reporting for Decision Making

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