Solution-What is the effective annual rate

What is the effective annual rate

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How much money do you need to have in the bank to pay for a 4 year college degree if tuition is $15,000 per year and your bank gives you 1.5% interest.

What is the effective annual rate on a 18% APR loan if interest is compounded monthly?

Reference no: EM131387746

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What is the effective annual rate : How much money do you need to have in the bank to pay for a 4 year college degree if tuition is $15,000 per year and your bank gives you 1.5% interest. What is the effective annual rate on a 18% APR loan if interest is compounded monthly?

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What is the effective annual rate

Reference no: EM131387746

Reference no: EM131387746

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