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The Bank has agreed to lend you $30,000 today, but you must repay $42,135 in 3 years. What rate is the bank charging you? A.

The Bank has agreed to lend you $30,000 today, but you must repay $42,135 in 3 years. What rate is the bank charging you?

A. 13%

B. 12%

C. 11%

D. 10%

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