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Grab Bag 119. Second Law Capital Ventures (SLCV) funded a start-up company with a loan of $2,857,000. Thirty months later, the company repaid SLCV the

Grab Bag 119. Second Law Capital Ventures (SLCV) funded a start-up company with a loan of $2,857,000. Thirty months later, the company repaid SLCV the principal together with interest of $612,826.50. What was the simple interest rate on this loan

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