You would like to buy a used car you borrow 8000 from your
You would like to buy a used car. You borrow $8,000 from your uncle and agree to repay the loan at the end of three years in a one-time payment of $9,250. What is the interest rate on this loan?
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you would like to buy a used car you borrow 8000 from your uncle and agree to repay the loan at the end of three years
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