Question: Dorothy borrows $ 1 0 , 0 0 0 from the bank. For a four - year loan, the bank requires annual end - of

Dorothy borrows $10,000 from the bank. For a four-year loan, the bank requires annual end-of-year payments of $3,223.73. The annual interest rate on the loan is ________.
Question 15 options:
12 percent
9 percent
11 percent
10 percent

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