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Katerine was considering a 36-month lease. The dealer gave her a list of numbers which included a money factor of 0.00425. What is her approximate

Katerine was considering a 36-month lease. The dealer gave her a list of numbers which included a money factor of 0.00425. What is her approximate interest rate?

A. 42.50% B. 15.30% C. 10.20% D. 1.02% E. 4.25%

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