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Allyson took out a loan for $8,500 to pay for a trip to Europe. If this was a 4-year loan with monthly payments of $212.50, what is the interest rate?
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Allyson took out a loan for $8,500 to pay for a

trip to Europe. If this was a 4-year loan with
monthly payments of $212.50, what is the
interest rate?

User Gyasi
by
3.1k points

1 Answer

2 votes
2 votes

Answer:

%10

Explanation:

User Cruiser KID
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