Question
Sarah gave out a loan of $4,500 to a friend on December 11, 2015. The loan was on May 17, 2016 with $140.64 interest.
Sarah gave out a loan of $4,500 to a friend on December 11, 2015. The loan was on May 17, 2016 with $140.64 interest. a. What was the time period of the loan expressed in days? days . vVnat was the time period of the loan expressed in days? days b. What was the annual simple interest rate for this loan? % Round to two decimal places
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