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What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter?

What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter?
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What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter?

User Profet
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1 Answer

3 votes
2% per quarter so that is true
User Kallakafar
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