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D'Anthony borrowed $ 5 0 , 0 0 0 today that he must repay in 1 5 annual end - of - year installments of

D'Anthony borrowed $50,000 today that he must repay in 15 annual end-of-year
installments of $5,000. What annual interest rate is D'Anthony paying on his loan?
a)2.222%
b)3.333%
c)5.556%
d)33.33%
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