Question 762942
{{{28800-21200=7600}}}....total interest payed for 6 years and it is {{{x}}}% of {{{21200}}}

{{{x/100*21200=7600}}}

{{{x*212=7600}}}

{{{x=7600/212}}}

{{{x=35.85}}}% for {{{6}}} years

so, {{{x/6=35.85 /6}}}% for {{{1}}} year => {{{5.975}}}% ; so, each year you payed {{{5.975}}}% interest for {{{21200}}} loan