Calculate the simple interest rate

Reference no: EM1345805

A car dealer will sell you a used car for $5,534 with $534 down and payments of $160.56 per month for 36 months. What is the simple interest rate? (Round each answer to the nearest tenth.)

What is the probability of getting a license plate that has a repeated letter or digit if you live in a state that has two letters followed by three numerals followed by three letters? (Round to the nearest whole percent.)

Reference no: EM1345805

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