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26-02-2020
Mathematics

contestada

Using the formula, compute the true annual interest rate.

Loan amount = $9,500

Monthly payments = $227.50

Time of loan contract = 5 years

True annual interest rate (to the nearest tenth) = _____.

17.2
12.0
8.4
19.2

Respuesta :

davidrodriguez10606 davidrodriguez10606

26-02-2020

Answer:

12.0

Step-by-step explanation:

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