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A loan with a quarterly payment of $1,300 has an unpaid balance of $10,000 after 18 quarters and an unpaid balance of $9,000 after 19

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A loan with a quarterly payment of $1,300 has an unpaid balance of $10,000 after 18 quarters and an unpaid balance of $9,000 after 19 quarters. If interest is compounded quarterly, find the interest rate The annual interest rate is 1%

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