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Posted: **Thu Apr 28, 2022 1:45 pm**

: Question 6 Of 13 Month End Payments Of 1 470 Are Made For 9 Years To Settle A Loan Of 143 460 What Is The Effective I 1 (23.29 KiB) Viewed 17 times

Question 6 of 13 Month-end payments of $1,470 are made for 9 years to settle a loan of $143,460. What is the effective interest rate charged on this loan? Full solutions should be shown on separate sheets of paper. Submit your solutions. % Round to two decimal places