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You have loan of $16,000 from a bank that you will pay it off with all together $19.900 after 3 years. Find the annual rate

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You have loan of $16,000 from a bank that you will pay it off with all together $19.900 after 3 years. Find the annual rate of interest on this loan. Select one: O a. .07 O b. .085 O c..08 O d..075 O e..09

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