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DETAILS BRECMBCY 10.1. What is the rate of interest on a loan of $2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) O 5.5% O 6.9% O7.0% O 14.2%

DETAILS BRECMBCY 10.1. What is the rate of interest on a loan of $2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) O 5.5% O 6.9% O7.0% O 14.2%

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BREČMBC9 10.11.TB.014. DETAILS What is-the rate of interest on a loan of $2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) O 5.5% O 6.9% O 7.0% O 14.2%
Transcribed Image Text:BREČMBC9 10.11.TB.014. DETAILS What is-the rate of interest on a loan of $2,000, for 286 days, if the amount of interest is $109.70, using the exact interest method? (Round your answer to the nearest tenth percent.) O 5.5% O 6.9% O 7.0% O 14.2%
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