Question: write clearly please or use keyboard to write. The present value of a 6 year lease that requires payments of $650 at the beginning of

write clearly please or use keyboard to write. The present value

of a 6 year lease that requires payments of $650 at the

write clearly please or use keyboard to write.

The present value of a 6 year lease that requires payments of $650 at the beginning of every quarter is $13,300. What is the nominal interest rate compounded quarterly charged on the lease? % Round to two decimal places Quarter-end payments of $1,440 are made for 9 years to settle a loan of $36,640. What is the effective interest rate charged on this loan? % Round to two decimal places

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