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A company is offering a diamond ring for sale for 36 months at $100 per month. The retail price of the ring is $3,000. What

A company is offering a diamond ring for sale for 36 months at $100 per month. The retail price of the ring is $3,000. What is the interest rate on this offer?

		A) 12.90%
B)		11.60%
	C)	12.25%
		D) 10.16%

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