Celeste just borrowed 38,200 dollars. She plans to repay this loan by making equal quarterly...
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Celeste just borrowed 38,200 dollars. She plans to repay this loan by making equal quarterly payments of 3,426.93 dollars for 12 quarters. If she makes her first quarterly payment later today, then what is the quarterly interest rate on the loan? Answer as a rate in decimal format so that 12.34% would be entered as . 1234 and 0.98% would be entered as .0098. Number
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