Question: Jill borrows $13,000 and will repay it in 4 equal year-end repayments over 4 years. If the interest rate is 14.9% per annum compounded monthly,

Jill borrows $13,000 and will repay it in 4 equal year-end repayments over 4 years. If the interest rate is 14.9% per annum compounded monthly, Jill's annual will be (rounded to nearest dollar; don't include the $ sign or commas): Answer: 1

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