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If the interest paid is $20,000, the cash available at the beginning of the period is $230,000, and the cash available at the end of

If the interest paid is $20,000, the cash available at the beginning of the period is $230,000, and the cash available at the end of the period is $10,000, what is the approximate interest rate?

A 18.18%

B 36.36%

C 17.39%

D 13.39%

E 17.17%

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