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What semiannually compounded rate and effective rate of interest are being charged on a $12,000 loan...

What semiannually compounded rate and effective rate of interest are being charged on a $12,000 loan if semiannual payments of $1204.55 will repay the loan in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  j = % compounded semiannually
  f = % effective rate

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