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6. Nancy finishes college with two loans, one for $26,700 at 3.86% APR, one for $12,980 at 5.025% APR. Determine, correct to the nearest hundreth

6. Nancy finishes college with two loans, one for $26,700 at 3.86% APR, one for $12,980 at 5.025% APR. Determine, correct to the nearest hundreth of a percent, the fair rate of consolidation of these loans.

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