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3) Find the interest rates on each of the following a) You borrow $900 and promise to pay back $972 at the end of 1

3) Find the interest rates on each of the following

a) You borrow $900 and promise to pay back $972 at the end of 1 year

b) You borrow $65000 and promise to pay back $310998 at the end of 15 years

c) You borrow $11000 and promise to make payments of $2487.22 per year for 5 years

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