|Find the annual simple interest rate of a loan, where $900 is borrowed and where $954 is repaid at the end of 7 months. Annual simple interest rate = %. %3D

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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|Find the annual simple interest rate of a loan, where $900 is borrowed and where $954 is repaid at
the end of 7 months.
Annual simple interest rate = %.
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Transcribed Image Text:|Find the annual simple interest rate of a loan, where $900 is borrowed and where $954 is repaid at the end of 7 months. Annual simple interest rate = %. MacBook Air DD 80 888 F6 F7 F8 F9 F5 F4 F3 * & # 2$ 3 4 7 E R T Y H J * 00 < CO
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