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Novelties-and-such borrowed $1100 for 100 days and paid $28.63 in interest. Find the rate of interest on the loan. Round to the nearest tenth. A)

Novelties-and-such borrowed $1100 for 100 days and paid $28.63 in interest. Find the rate of interest on the loan. Round to the nearest tenth. A) 9.5% B) 9.0% C) 9.7% D) 10.0%

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