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Mathematics, 10.11.2020 02:30 levelebeasley1

PLS HELP ASAP #9 - What was the interest rate on a 3.5-year loan of $1000 if the maturity value of the note was $1,297.50?
A. 9.5%
B. 7%
C. 5.8%
D. 8.5%

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