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Balance 34. Kelly borrows some money and is charged simple interest on the principal. The balance from her statements for the first four months is

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Balance 34. Kelly borrows some money and is charged simple interest on the principal. The balance from her statements for the first four months is shown in the table. What interest rate is she being charged? Explain. (C) Statement $5751.30 2 $5802.60 3 $5853.90 $5905.20 1

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