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The total amount of interest on a loan of $6,000 for 150 days is $210.50. Using the ordinary interest method, what is the rate of interest on this loan? Round to the nearest hundredth.
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the total amount on a loan of 6,000 for 150 days is 210.50. using the ordinary interest metnod. what is the rate on this loan? rounded to nearest hundredeth.
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