Loan Interest Rate Equalization
Charles took out a loan of EUR 600 from Ivan 20.2 at a 20% annual rate. From January 10.5, a loan of 1100 Euros at a 14% rate. From Milo 15.9, a loan of 900 Euros at an 11% rate. All three return 30.12. Determine the annual interest rate for all three loans to pay the same total interest.
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