Aproperty worth $47,700 is purchased for 5% down and monthly payments of $400 for 15 years. what is the effective annual rate of interest if interest is compounded annually? the effective annual rate of interest is (round to two decimal places as needed.)

chicken nugget stir fry

step-by-step explanation:

what is the rest of the question? ?

hint: which coefficient is a multiple of 360°?

step-by-step explanation:

тgє qυєѕтισи αѕкє∂: ιи тнє ѕєяιєѕ σя яєα¢тισиѕ тgαт σ¢¢υя ιи ρнσтσѕуитнєѕιѕ, ωнι¢н fσямѕ ωнєи ℓιgнт ѕтяιкєѕ α мσℓє¢υℓє σf ¢нℓσяσρнуℓℓ.

α. мσℓє¢υℓє σf ωαтєя

в.тнєє-¢αявσи ѕυgαя

¢. "єχ¢ιтє∂" єℓє¢тяσи

∂. иα∂ρн

му αиѕωєя: ιт ιѕ ¢. "єχ¢ιтє∂" єℓє¢тяσи

нσρє ι ¢συℓ∂ нєℓρ υ