Question: What is the effective rate on a one - year $ 1 0 , 0 0 0 loan at 8 . 4 % annual interest,

What is the effective rate on a one-year $10,000 loan at 8.4% annual interest, compounded monthly?
What is the APR on a one-year $10,000 loan at 8.4% annual interest, compounded monthly, if upfront fees on the loan are $0?
What is the APR on a one-year $10,000 loan at 8.4% annual interest, compounded monthly, if upfront fees on the loan are $100?
What is the effective rate on a one-year $10,000 loan at

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