jdudjdn5883 jdudjdn5883
  • 20-02-2024
  • Mathematics
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If $13,376.39 was the interest earned on lending $99,800.00 for 4 years, what was the quarterly compounding nominal interest rate charged on the loan?
a. 2.5%
b. 3.0%
c. 3.5%
d. 4.0%

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