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Question 4 0/2 View Policies Show Attempt History Current Attempt in Progress You are in desperate need of cash and turn to your uncle, who

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Question 4 0/2 View Policies Show Attempt History Current Attempt in Progress You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1,340 and agree to pay back $1.540 in two years. (1) x Your answer is incorrect. What annual interest rate is your uncle charging you? (If you solve this problem with algebra round intermediate calculations to 4 decimal places in all cases round your final answer to two decimal places, 6.3. 8.72%.) 746 Rate of interest charged by uncle

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