A woman went to the benecial loan company and borrowed 9000, Business Economics

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A woman went to the benecial loan company and borrowed 9000

A woman went to the Bene?cial Loan Company and borrowed $9000. She must pay $350 at the end of each month for the next 30 months. What is the monthly interest rate she is paying? What effective annual interest rate is she paying?

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Business Economics: A woman went to the benecial loan company and borrowed 9000

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Business Economics: A woman went to the benecial loan company and borrowed 9000

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Q : A woman went to the benecial loan company and borrowed 9000