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Andrew borrowed $ 1 4 9 0 0 0 to buy an apartment and has been paying $ 1 0 0 0 per fortnight to

Andrew borrowed $

149 000

to buy an apartment and has been paying $

1000

per fortnight to repay this loan. The balance of Anton's loan is $

84 987.19

after

3

years of payments. What is the annual percentage rate of interest for this loan?

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