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Posted on Aug 06, 2024

Peter and his wife purchased a new refrigerator for $ 3 , 5 0 0 . They agreed to pay off the loan in 2

Peter and his wife purchased a new refrigerator for $

3, 500 .

They agreed to pay off the loan in

24

months at $

169.90

a month. What was their annual interest rate on their loan?

= 35001

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