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4. Zach Taylor is settling a $21,000 loan due today by making 6 equal annual payments of $4,821.76. Determine the interest rate on this loan,

4. Zach Taylor is settling a $21,000 loan due today by making 6 equal annual payments of $4,821.76. Determine the interest rate on this loan, if the payments begin one year after the loan is signed.

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