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A broadband service company borrowed $ 2 million for new equipment and repaid the loan in amounts of $ 2 0 1 , 0 0
A broadband service company borrowed $ million for new equipment and repaid the loan in amounts of $ in years and
plus a lump sum amount of $ million at the end of year What was the interest rate on the loan? Round the final answer to three
decimal places.
The rate of interest on the loan was
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