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Posted on Sep 13, 2024

You borrow $ 3 0 5 , 0 0 0 ; the annual loan payments are $ 4 6 , 4 5 1 . 5

You borrow $

305, 000

; the annual loan payments are $

46, 451.56

for

30

years. What interest rate are you being charged? Round your answer to two decimal places.

%

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