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8 What is the interest rate on loans with the following terms? On $10,000 borrowed, pay $2,000 a year for 6 years. on $2,000 borrowed,

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8 What is the interest rate on loans with the following terms? On $10,000 borrowed, pay $2,000 a year for 6 years. on $2,000 borrowed, pay $100 a month for 25 months

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