Effective interest rate

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Please find xxxxxxxx file xxx xxx me know xx you xxx xxxx confusion. xxxxxx

xxxxxxx
xxxx

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xxxxxxxxx xxxxxxxx rate = Interest xxxxxx / xxxxxxxxx * xxxx xx xxxx (360) xxxxx loan xxxxxxxxxxxx

xxxxxxxxxxx x xxxxxxxx

x xxxxxx

Rate xx xxxxxxxxxxx loan =

B) (2 × x × $500)/ (3 × $4,000) x $2,000/$12,000 = xxxxxxx

xxxxx × 4 × xxxxxx (5 × $4,000) = $4,000/$20,000 = xxxxxxx

xxxxx × xx × xxxxxx xxx × xxxxxxx x xxxxxxxxxxxxxxx = xxxxxxx

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