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9.93% 6.15% 5.56% There is no solution. 9.11% You borrow $100,000 from the bank. You pay back the loan with an annual payment of $10,000

9.93% 6.15% 5.56% There is no solution. 9.11% You borrow $100,000 from the bank. You pay back the loan with an annual payment of $10,000 over 16 years. What is the APR on this loan? 9.93% 6.15% 5.56% There is no solution. 9.11%

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