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Suppose you pay back $385 on a $375 loan. You had the loan for 75 days. What was your simple annual interest rate? (Use the

Suppose you pay back $385 on a $375 loan. You had the loan for 75 days. What was your simple annual interest rate? (Use the Bankers' Rule) % State your result to the nearest hundredth of a percent. Question Help: Video Message instructor

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