Question: 1. A $2000 loan for 1 year at 5% APR with a monthly payment of $171.21 2. A $5000 loan for 1 year at 6%

1. A $2000 loan for 1 year at 5% APR with a monthly payment of $171.21
2. A $5000 loan for 1 year at 6% APR with a monthly payment of $430.33
3. A $20,000 loan for 3 years at 6% APR with a monthly payment of $608.44
4. A $10,000 loan for 2 years at 7% APR with a monthly payment of $447.73
Give the add-on interest rate.

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