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A loan with a quarterly payment of $1.300 has an unpaid balance of $10,000 after 32 quarters and an unpaid balance of $9,000 after

A loan with a quarterly payment of $1.300 has an unpaid balance of $10,000 after 32 quarters and an unpaid balance of $9,000 after 33 quarters If interest is compounded quarterly, find the interest rate The annual interest rate is

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