aruhter304 aruhter304
  • 22-02-2024
  • Business
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If $13,376.39 was the interest earned on lending $91,800.00 for 6 years, what was the quarterly compounding nominal interest rate charged on the loan?
a. 3.5%
b. 4.5%
c. 2.5%
d. 5.5%

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