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You borrow $85,000 at the very beginning; the annual loan payments are $8,273.59 for 30 years. What interest rate are you being charged? A) 6%

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You borrow $85,000 at the very beginning; the annual loan payments are $8,273.59 for 30 years. What interest rate are you being charged? A) 6% OB) 9% OC) 7% D) 8% Find the interest rate earned: You borrow $85,000 and promise to pay back $201,229 at the end of 10 years. Page 2 of 14 A) 7% OB) 10% C) 8% D) 9%

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