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On Sept. 26, 2010, Luis received $7,500 from his father. He settled this amount on March. 6 2011 with interest of $142.65. a. What

On Sept. 26, 2010, Luis received $7,500 from his father. He settled this amount on March. 6 2011 with interest of $142.65. a. What was the time period of the loan expressed in days? days b. What was the annual rate of simple interest charged for this loan? % Round to two decimal places

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