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Carla takes a car to a title loan business to borrow some money. Carla is given $ 3 , 4 0 0 . 0 0

Carla takes a car to a title loan business to borrow some money. Carla is given $3,400.00. She must pay back the $3,400.00 in addition to a $1,200.00 fee in 2 months. What simple interest rate is she being charged?
Round to the nearest tenth of a percent
Carla is being charged a simply interest rate of 8%.
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