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What annual rate of simple interest was charged on a loan of $6,200.00 that was issued on October 28, 2014, if it accumulated $449.20 in

What annual rate of simple interest was charged on a loan of $6,200.00 that was issued on October 28, 2014, if it accumulated $449.20 in interest by March 4, 2015? % Round to two decimal places

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