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2.00 points On this date last year, you borrowed $3,400. You have to repay the loan principal plus all of the interest six years from
2.00 points On this date last year, you borrowed $3,400. You have to repay the loan principal plus all of the interest six years from today. The payment that is required at that time is $6,000. What is the interest rate on this loan? 801 percent 8.45 percent O 8.78 percent O 9.47 percent O 9.93 percent
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