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A. 10.67% B. 8% OC. 6.4% Find the annual simple interest rate of a loan, where $1200 is borrowed and where $1232 is repaid

A. 10.67% B. 8% OC. 6.4% Find the annual simple interest rate of a loan, where $1200 is borrowed and where $1232 is repaid at the end of 4 months. D. 2.67% E. 9%

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