37 The Magic Pumpkin Limousine Company wants to purchase a car telephone system for one of its automobiles. The telephone vendor has offered to finance the $1.500 purchase over one year in 12 instalments, with a total of $140 in interest to be pald on the loan. Magic Pumpkin's bank has offered to finance the purchase with an instalment loan, where $155 in interest will be repald and payments on the loan must be made quarterly. What are the annual interest rates on these loans? 8 02:20:56 Short Answer Toolbar navigation s hole DO = : :=