What nominal interest rate is rahquez being charged, Financial Accounting

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What nominal interest rate is rahquez being charged

Problem

Rahquez took out a cash advance of $1,570 from Cole's City Pawn. The loan (cash advance) will be paid off over the next 5 years by payments of $32.76 made monthly at the beginning of each payment period. What nominal interest rate, compounded monthly, is Rahquez being charged?

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Financial Accounting: What nominal interest rate is rahquez being charged

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