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Question 8 1 pts If the outstanding balance on a loan is $127, 308 on January 1, 2019, and on the next interest compounding date,

Question 8 1 pts If the outstanding balance on a loan is $127, 308 on January 1, 2019, and on the next interest compounding date, June 30, 2019, the company records interest expense of $3.708, what is the ANNUAL interest rate being charged on this loan? Round up to the nearest whole percentage. Please state your answer as a whole number. So if you get 4%, please state your answer as "4

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