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Suppose that 1 5 years ago, you borrowed a certain amount of money. The loan had an annual interest rate of 6 . 1 %
Suppose that years ago, you borrowed a certain amount of money. The loan had an annual interest rate of with continuous compounding, and today you repaid a total of $
How much interest did you pay on this loan, as a percentage of how much you borrowed? For example, if you borrowed $ and you paid $ in interest, the answer would be percent
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