Question: Solve using the ba2 plus calculator 2) What is the effective annual interest rate on a 9% APR automobile loan that has monthly payments? A)

Solve using the ba2 plus calculator 2) What is the effective Solve using the ba2 plus calculator

2) What is the effective annual interest rate on a 9% APR automobile loan that has monthly payments? A) 10.94% B) 9.81% C) 9.00% D) 9.3890

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