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A truck is advertised at $36000. It can be bought on terms for a 20% deposit and repayments of $276 per week for 3 years.

A truck is advertised at $36000. It can be bought on terms for a 20% deposit and repayments of $276 per week for 3 years. Assume there are 52 weeks in the year. What is the flat interest rate for the loan, correct to one decimal place

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