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Carol Miller went to Europe and forgot to pay her $900 mortgage payment on her New Hampshire ski house. For her 66 days overdue on
Carol Miller went to Europe and forgot to pay her $900 mortgage payment on her New Hampshire ski house. For her 66 days overdue on her payment, the bank charged her a penalty of $10. What was the rate of interest charged by the bank? (Use 360 days a year. Do not round your intermediate calculations. Round your answer to the nearest hundredth percent.)
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