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London Motors will sell a $16,949 car for $335 per month for 60 months. What is the interest rate? A.) 8.97% B.) 7.12% C.) 6.77%

London Motors will sell a $16,949 car for $335 per month for 60 months. What is the interest rate?

A.) 8.97%

B.) 7.12%

C.) 6.77%

D.) 6.92%

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