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Mathematics, 03.05.2021 18:40 evazquez
Shane took out a 5.5-year loan from the bank in order to purchase a $12,000 motorcycle. At the end of the loan, he had paid $3,267 in interest. Find the interest rate.
Answer=4.95%
How do I solve this?
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Shane took out a 5.5-year loan from the bank in order to purchase a $12,000 motorcycle. At the end o...
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