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Amanda took out loan for 7300 that charges an annual interest rate of 9.3% compounded quarterly.

Find the amount owed after one year, assuming no payments are made?

Find the effective annual interest rate, expressed as a percentage?


Amanda Took Out Loan For 7300 That Charges An Annual Interest Rate Of 93 Compounded Quarterly Find The Amount Owed After One Year Assuming No Payments Are Made class=

Sagot :

The answer for this one is 1500
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