Question: Question 18 points) A bank offers loans that charge 12% nominal rate, compounded monthly. What is the bank's effective annual rate (EFP%) iPlexte use &

Question 18 points) A bank offers loans that charge 12% nominal rate, compounded monthly. What is the bank's effective annual rate (EFP%) iPlexte use & decimal places when doing the calculation. Hint: The formula to calculate effective annual rate (EFF) is on Chapter 5 Power Point Slide 39 or textbook page 109.)

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8. How can an interpreter influence the message?

The geographical location of the sender, i.e. where the sender resides

Subjective norms, i.e. the norms of the target group