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Dorothy borrows $10,000 from the bank. For a fourminusyear loan, the bank requires annual endminusofminusyear payments of $3,223.73. The annual interest rate on the loan
Dorothy borrows $10,000 from the bank. For a fourminusyear loan, the bank requires annual endminusofminusyear payments of $3,223.73. The annual interest rate on the loan is ________. A. 9 percent B. 12 percent C. 10 percent D. 11 percent
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