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You borrow $2.400 for one year and pay $144 in interest. The bank Service charge is $18. If the loon iscrepaid in 12 equal monthly

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You borrow $2.400 for one year and pay $144 in interest. The bank Service charge is $18. If the loon iscrepaid in 12 equal monthly payments, what is the annual percentage rate? (Enter your answer as a percent rounded to 1 decimal place)

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