Answer:
The appropriate response is "12.47%".
Explanation:
The given values are:
Borrowed amount,
= 152300
APR,
= 11.75%
i.e.,
= 0.1175
Now,
The effective annual rate will be:
= 
On substituting the given values, we get
= 
= 
= 
= 
Answer:
The words aren't bolded, so it is difficult to know what kind of phrase and it is difficult to help you.
Explanation:
Answer:
About 2,900 gallons of milk per year according to the internet