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Mary Ott is going to borrow $5,000 for 90 days and pay $140 interest. What is the effective rate of interest if the loan is

Mary Ott is going to borrow $5,000 for 90 days and pay $140 interest. What is the effective rate of interest if the loan is discounted? Use 360 days. I keep getting 4.66%, please show your work so I can understand. I had three people answer, but they are all wrong. It is not 11.2% 12.03%, please help me

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