Question: Question 9 (4.5 Points) Picabo borrows $1000. To repay the amount, she makes 12 equal monthly payments of $93.12. Determine the following (a) The monthly

Question 9 (4.5 Points) Picabo borrows $1000. To repay the amount, she makes 12 equal monthly payments of $93.12. Determine the following (a) The monthly interest rate % Enter a number (b) The nominal annual interest rate Enter a number (c) The effective annual interest rate Enter a number (3 attempts remaining) Submit Question 10 (4.5 Points)

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