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point(s) possible Submit test If you borrow $24,000 as a 5-year loan from the bank and the bank requires you to make end of-year payments

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point(s) possible Submit test If you borrow $24,000 as a 5-year loan from the bank and the bank requires you to make end of-year payments of 55697 51, what is the annual interest rate on this loan if interest is compounded annually? (Round to the nearest percent) OA. 5% OB. 7% O C. 6% O D. 8% Time Remaining:01 16:25 Next

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