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Peter and Reesa can book their Horizon Holiday package at the early - booking price of $ 3 9 0 0 , or wait four

Peter and Reesa can book their Horizon Holiday package at the early-booking price of $3900, or wait four months and pay the full price of $3995.
b. At what interest rate would they be indifferent between the two prices? (Round your answer to 2 decimal places.)
Interest rate
1%N by ro
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