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You wish to borrow $2,000 to be repaid in 12 monthly installments of $189.12. The annual interest rate is? Please convert your answer into decimals
You wish to borrow $2,000 to be repaid in 12 monthly installments of $189.12. The annual interest rate is?
Please convert your answer into decimals and round to the second decimal: such as 0.00
Please show work.
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