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You wish to borrow $2,000 to be repaid in 12 monthly installments of $170.30. The annual terest rate (APR) is? A) 22% B) .04% C)

You wish to borrow $2,000 to be repaid in 12 monthly installments of $170.30. The annual terest rate (APR) is?

A) 22% B) .04% C) 4% D) 24%

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