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You have borrowed $ 1 1 0 3 from your parents. You will pay them back what your borrowed plus $ 3 7 7 in

You have borrowed $1103 from your parents. You will pay them back what your borrowed plus $377 in 2 years. What is the implied interest rate? Answer as a percent. Enter only numbers and decimals in your response. Round to 2 decimal places. Use your financial calculator

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