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1. Determine the compound interest for a loan discount of $11,500, 3 years and the total payable is $13,350 (explain step by step please) 2.

1. Determine the compound interest for a loan discount of $11,500, 3 years and the total payable is $13,350 (explain step by step please)

2. What is the interest rate to triple $3,000 in 5 years?

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