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Dr. Painkiller is going to borrow $9,000 for one year at 11percent interest. What is the annual rate of interest if the loanis discounted? (Use

Dr. Painkiller is going to borrow $9,000 for one year at 11percent interest. What is the annual rate of interest if the loanis discounted? (Use 365 days in a year. Do not round intermediatecalculat 2 answers

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