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Used Motors will sell you a $ 1 3 , 0 0 0 car for $ 3 8 0 a month for 4 8 months.

Used Motors will sell you a $13,000 car for $380 a month for 48 months. What is the interest rate?
A.16.55 percent
B.16.67 percent
C.16.99 percent
D.14.58 percent

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