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George borrowed $1,500 from Sally on April 13, 2018. George repaid the loan on September 20, 2018, and paid interest of $60. What annual simple

George borrowed $1,500 from Sally on April 13, 2018. George repaid the loan on September 20, 2018, and paid interest of $60. What annual simple rate of interest did George pay? (round to two decimals)

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