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#3 please 3. (10 pts) Dave forgot to pay his $87 utility bill. He was charged $25 late fee and given two months to pay

#3 please
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3. (10 pts) Dave forgot to pay his $87 utility bill. He was charged $25 late fee and given two months to pay the bill. He ended up paying $87 plus $25 two months later. What (simple) interest rate did he effectively pay? Leave you answer as a tenth of a percent

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