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4. Safi borrows $6,930 from the bank. For a four-year loan, the bank requires annual end- of-year payments of $2,281.86. Calculate the interest rate on

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4. Safi borrows $6,930 from the bank. For a four-year loan, the bank requires annual end- of-year payments of $2,281.86. Calculate the interest rate on the loan

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