Mathematics, 01.10.2019 23:30 jghdvine
Compute the periodic rate and interest in the first period for a $2,300 loan with 8.5% apr for the following periods.
a. monthly
b. daily (use a non-leap year)
c. quarterly (4 times a year)
d. biweekly (every 2 weeks)
Answers: 2
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Compute the periodic rate and interest in the first period for a $2,300 loan with 8.5% apr for the f...
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