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Mathematics, 23.10.2019 02:10 ayoismeisalex

Mr. thompson borrowed $3,000. he repaid the loan with an interest charge of $500 in 36 equal monthly payments. what approximate annual percentage rate did he pay? find the answer to the nearest tenth of a percent.

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Mr. thompson borrowed $3,000. he repaid the loan with an interest charge of $500 in 36 equal monthly...
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