Question 8, 8.3.35\ Points: 0 of 1\ To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you

$840

. One month later, you get the guitar back by paying the pawnbroker

$1472

. What annual interest rate did you pay?\ You will pay a simple interest rate of

%

\ (Round to the nearest whole number as needed.)\ View an example\ Get more help -

To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $840. One month later, you get the guitar back by paying the pawnbroker $1472. What annual interest rate did you pay? You will pay a simple interest rate of % (Round to the nearest whole number as needed.)