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A person invested $3895 in mutual funds containing bonds. Find the rate, given that she earned $236.30 in 285 days. Use banker’s interest with 360 days. The interest rate ins __% (Round your answer to the nearest tenth of a percent.)

A person invested $3895 in mutual funds containing bonds. Find the rate, given that she earned $236.30 in 285 days. Use banker’s interest with 360 days.

The interest rate ins __%

(Round your answer to the nearest tenth of a percent.)

 
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