Calculate the yearly nominal irr received by the company

Reference no: EM13238302

Calculate the yearly nominal IRR received by the company and accepts the credit insurance (life and disability).

Loan amount: $2000
APR 19.95%
Finance charge: $594.25
Total of payments: $2730.50
Monthly Payment: $91.05
# of monthly payments: 30
Amount financed: $3246.25
Credit Line Premium (insurance): $83.46
Credit Disabilty Premium (insurance): $162.65

Reference no: EM13238302

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