Question: problem you will answer has the following fact pattern: Carry your answer two decimal points. (76.25% would be entered 76.25 ) QUESTION 2 What would

problem you will answer has the following fact pattern: Carry your answer two decimal points. (76.25\% would be entered 76.25 ) QUESTION 2 What would the Effective Annual Rate paid by the company based on th $35 late fee? Use monthly compounding and carry your answer two decimal points. ( 76.25% would be entered 76.25)
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