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a man borrowed 25000 from a bank for which he signed a promissory note to repay the loan at the end of one year. he

a man borrowed 25000 from a bank for which he signed a promissory note to repay the loan at the end of one year. he only receives the amount 21915 after the bank collected interest and an additional amount of 85 for legal fees. what was the rate of interest that the bank charged

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