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A weighted average interest rate is an average that is adjusted to reflect the contribution of each loan to the total debt. The weighted average multiplies each loan's interest rate by the loan balance and divides the sum by the total loan balance. How to Calculate the Weighted Average Interest Rate savingforcollege.com https://.savingforcollege.com › article › how-to-calc... savingforcollege.com https://.savingforcollege.com › article › how-to-calc...
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