all i have to say is that i need help lol
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Answer:
2.4%
Step-by-step explanation:
loan amount : $4200
emi : $78.4
total amount paid in 5 years = 78.4*12*5= $4704
simple amount= 4704-4200=504
simple amount per year = 504/5= 100.8
simple per year = (100.8/4200)*100 = 2.4%
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