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What annual rate of simple interest was charged on a loan of $7,200.00 that was issued on October 28, 2014, if it accumulated $447.40 in

What annual rate of simple interest was charged on a loan of $7,200.00 that was issued on October 28, 2014, if it accumulated $447.40 in interest by March 4, 2015? % Round to two decimal places.

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