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Author Question: What is the effective interest rate for a car loan advertised at five percent compounded monthly? (Read 115 times)

Starlight

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on: Nov 11, 2019
What is the effective interest rate for a car loan advertised at five percent compounded monthly?
◦ 5.2%
◦ 5.1%
◦ 5.3%
◦ 5.4%
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by Starlight on Nov 11, 2019

cegalasso

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Starlight

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Reply 2 on: Nov 11, 2019
Excellent

irishcancer18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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