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Three years ago, you took out a loan for $9,000. Over those three years, you paid equal monthly payments totaling $11,826. What was the APR
Three years ago, you took out a loan for $9,000. Over those three years, you paid equal monthly payments totaling $11,826. What was the APR on your loan?
Select one:
a. 18.69 percent
b. 12.80 percent
c. 20.38 percent
d. 15.45 percent
e. 13.04 percent
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