13.2.39 Question Help Suppose you purchase $2000 worth of flooring. At the end of 3 months, the total interest on the unpaid balance is $175.79. Treating the 3 months as of a year, find the equivalent simple interest rate for this problem (to the nearest tenth of a percent). %. The simple interest rate which corresponds to a total interest charge of $175.79 after 3 months is (Round to one decimal place as needed.)