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Mary Ott is going to borrow $t0,700 for 90 days and pay $222 Interest What is the effective rate of interest If the loan is

Mary Ott is going to borrow $t0,700 for 90 days and pay $222 Interest What is the effective rate of interest If the loan is discounted? (Use a 360-day year. Do not round Intermediate cntculations. Input your answer as a percent rounded to 2 decimal places.) Etinctive rate on a discounted on

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