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Levels Tought:University
bachelor in business administration Polytechnic State University Sanluis Jan-2006 - Nov-2010
CPA Polytechnic State University Jan-2012 - Nov-2016
Professor Harvard Square Academy (HS2) Mar-2012 - Present
You borrow $1,000 from the bank and agree to repay the loan over the next year in 12 equal end-of-month payments of $90.
What is the effective annual interest rate on the loan?
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