[Solved] PLEASE HELP!! you've been offered a loan

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PLEASE HELP!! you've been offered a loan of $30,000 which you will have to repay in 14 equal annual payments of $5000, with the first

PLEASE HELP!!

you've been offered a loan of $30,000 which you will have to repay in 14 equal annual payments of $5000, with the first payment due one year from now. What interest rate would you pay on that loan?

The interest rate you would pay on the loan is:%? Round to two decimal places

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