A loan is offered with monthly payments and a 1650 percent, Ask an Expert

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A loan is offered with monthly payments and a 16.50 percent APR. What’s the loan’s effective annual rate (EAR)? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Explain how the statement of financial position ( balance sheet), income statement and statement of cash flows relate to each other.

Why is composition important in everyday life? How is it important in today's society?

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