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If an interest payment of $700 is made every 3 months on a consumer $50,000 loan, what is the interest rate? A. 5.3% B. 5.4%
If an interest payment of $700 is made every 3 months on a consumer $50,000 loan, what is the interest rate? A. 5.3% B. 5.4% C. 5.6% D. 6.5%
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