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Question 9 What is the effective rate of interest if the APR is 10% and...

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Question 9 What is the effective rate of interest if the APR is 10% and there is quarterly compounding? 10.25% O 10.47% O 10.38% Question 10 O $579.98 Consider the financing of a $30,000 car over 7 years with monthly payments based on an APR of 6% compounded monthly. What is the monthly payment? $438.26 4 pts O $497.19 4 pts

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