Question: What is the effective annual interest rate on a 10% APR automobile loan that has monthly payments? O A. 10.4796 10.00% OB. 10.94% . 10.6796

What is the effective annual interest rate on a 10% APR

What is the effective annual interest rate on a 10% APR automobile loan that has monthly payments? O A. 10.4796 10.00% OB. 10.94% . 10.6796 OD

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