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Loan rates of interest Personal Finance Problem Jokn Flemming fas been shopping for a loan to finance the purchase of arused car: Ho has found three gossbitites that seem attractive and icach loan rocuins forn to make che payment at the end of each year. 2. Determine the interest rate associated with each of the loans b. Which loan should John take? a. The internst rate, r, on loan A is 6. (Round to the newest whole percont.) Data table (Click on the icon here p in order to copy the contents of the data table below into a spreadsheet.)