Question: 9 25 points 8 01:49:33 What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 12.9% and a

9 25 points 8 01:49:33 What is the effective interest rate

9 25 points 8 01:49:33 What is the effective interest rate (rounded) on a 3-month, noninterest-bearing note with a stated rate of 12.9% and a maturity value of $209,000? (Do not round Intermediate calculations. Round final answer to 1 decimal place.) Multiple Choice 13.3% 12.9% 12.3% 14.3%

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