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James Heller borrowed $1,800 from his father to purchase a mountain bike. James paid back $2,600 to his father at the end of 4 years.
James Heller borrowed $1,800 from his father to purchase a mountain bike. James paid back $2,600 to his father at the end of 4 years. What was the average annual compound rate of interest on James loan from his father?
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Please, assist me in solving solutions with proper variables.
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