A student has a total of 2000 in student loans that will be paid with 48 monthly

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A student has a total of 2000 in student loans that will be paid with 48 monthly installment loans with monthly payments of 49.30, determine the apr of the loan to the nearest one-half of a percent.

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Fundamental Accounting Principles

ISBN: 978-1259916960

24th edition

Authors: John J Wild, Ken Shaw

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Posted Date: Jun 21, 2022 09:50 AM

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A student has a total of 2000 in student loans that will be paid with 48 monthly

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APR is A P1rt where A total ac... View the full answer

Fundamental Accounting Principles

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