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Question 4 View Policies Current Attempt in Progress You are in desperate need of cash and turn to your uncle, who has offered to lend

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Question 4 View Policies 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. (a 1) 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, 6.8.8.72%) Rate of interest charged by uncle

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