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Using the ordinary interest (360 days) method, calculate the annual interest rate in the following problem. If necessary, round your answer to the nearest hundredth

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Using the ordinary interest (360 days) method, calculate the annual interest rate in the following problem. If necessary, round your answer to the nearest hundredth percent. mncipal Annual Interest Rate Time Interest $11,000 % 90 days $550 Clear Undo Help Next>> Explain Type here to search

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