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The amount of interest earned on $ K for one year is $ 3 , 9 3 0 . 0 0 . The quantity $

The amount of interest earned on $K for one
year is $3,930.00. The quantity $2,280.00 is
the amount of discount paid on a one-year
loan for $K transacted at a discount rate that
is equivalent to the interest rate of the first
transaction. Find $K.
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