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Question 21 Not yet answered Marked out of 1.00 Flag question A loan company charges $30 interest for a one month loan of $500. Find

Question 21 Not yet answered Marked out of 1.00 Flag question A loan company charges $30 interest for a one month loan of $500. Find the monthly interest rate they are charging Select one: a. 6% b. 60% c. 5% d. 72%

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