Mathematics, 09.12.2020 08:40, idcbrooo

Keiko took out a $24,000 loan for 1 month and was charged simple interest. The total interest she paid on the loan was $118. As a percentage, what was the annual interest rate of Keiko’s loan? Do not round any intermediate computations.

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Keiko took out a $24,000 loan for 1 month and was charged simple interest. The total interest she pa...