Question: Question 9 What is the effective interest rate (rounded) on a 6-month, noninterest-bearing note with a stated rate of 13.8% and a maturity value of

Question 9 What is the effective interest rate (rounded) on a 6-month, noninterest-bearing note with a stated rate of 13.8% and a maturity value of $217,000? 1.14.60% O 2.13.60% 3.14.52% 4.13.71% 5.15.74%

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