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Consider a loan for $31,780 that is paid off in 15 yearly payments of $3,000 (at the end of each period). Part 1 Attempt 1/10

image text in transcribed Consider a loan for $31,780 that is paid off in 15 yearly payments of $3,000 (at the end of each period). Part 1 Attempt 1/10 for 10 pts. What is the interest rate

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