Question: zu points QUESTION 2 1. What would the Effective Annual Rate paid by the company based on th $35 late fee? Use monthly compounding and

zu points QUESTION 2 1. What would the Effective Annual Rate

zu points QUESTION 2 1. What would the Effective Annual Rate paid by the company based on th $35 late fee? Use monthly compounding and carry your answer two decimal points. (76.25% would be entered 76.25)

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