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17. You borrow $35,000 for 3 months and pay $1,181 in interest. What simple interest rate did you pay for this loan? a. 3.38%

17. You borrow $35,000 for 3 months and pay $1,181 in interest. What simple interest rate did you pay for this loan? a. 3.38% b. 13.50% c. 10.13% d. 11.81%

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