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Suppose your business wants to borrow $4357 from a bank for 6 years. The bank wants a balloon payment of $6357 at the end of

Suppose your business wants to borrow $4357 from a bank for 6 years. The bank wants a balloon payment of $6357 at the end of the loan's term. What is the interest rate implied by this deal? Answer in percent, rounded to one decimal place.

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