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Question 5 (1 point) Your company was charged $40.98 interest on an overdue amount of $4,350 that was 20 days overdue. What simple rate of

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Question 5 (1 point) Your company was charged $40.98 interest on an overdue amount of $4,350 that was 20 days overdue. What simple rate of interest does this represent? Express your answer as an annual percentage rate rounded to two decimal places. Do not include symbols in your answer (i.e. % sign). Your

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