Mathematics, 11.12.2020 01:00, Dragonskeld

Melody paid off a loan of $120,000 in 10 years. If she made a payment of $1,225 each month, then what was the simple interest rate for her loan? PLEASE HELP!!!

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Melody paid off a loan of $120,000 in 10 years. If she made a payment of $1,225 each month, then wha...