(2 points) Results for this submission Entered 9.6 The answer above is NOT correct. Answer Preview 9.6 Find the annual simple interest rate of a loan, where $200 is borrowed and where $216 is repaid at the end of 9 months. Annual simple interest rate = %. Preview My Answers Submit Answers Your score was recorded. You have attempted this problem 1 time. You received a score of 0% for this attempt. Your overall recorded score is 0%. You have unlimited attempts remaining. Page generated at 05/04/2024 at 02:49pm EDT WeBWorK 1996-2022 | theme: math4-green | ww_version: 2.17 | pg_version 2.17 | The WeBWorK Project

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Find the annual simple interest rate of a loan, where $200 is borrowed and where $216 is repaid at the end of 9 months.
Annual simple interest rate =
%.
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WeBWorK 1996-2022 | theme: math4-green | ww_version: 2.17 | pg_version 2.17 | The WeBWorK Project
Transcribed Image Text:(2 points) Results for this submission Entered 9.6 The answer above is NOT correct. Answer Preview 9.6 Find the annual simple interest rate of a loan, where $200 is borrowed and where $216 is repaid at the end of 9 months. Annual simple interest rate = %. Preview My Answers Submit Answers Your score was recorded. You have attempted this problem 1 time. You received a score of 0% for this attempt. Your overall recorded score is 0%. You have unlimited attempts remaining. Page generated at 05/04/2024 at 02:49pm EDT WeBWorK 1996-2022 | theme: math4-green | ww_version: 2.17 | pg_version 2.17 | The WeBWorK Project
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