To buy an engagement ring for his girlfriend martin is
To buy an engagement ring for his girlfriend, Martin is considering a loan of $10,000 from Tiffney. He will pay 36 monthly installments of $500 each. What is the effective annual rate of interest (EAR) that Tiffney is charging?
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to buy an engagement ring for his girlfriend martin is considering a loan of 10000 from tiffney he will pay 36 monthly
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