Janice borrowed 3780 from her uncle for 37 weeks she repaid


Janice borrowed $3780 from her uncle for 37 weeks. She repaid her uncle $3914.49 at the end of the loan. If Janice agreed to pay simple interest for this loan, what annual rate of interest did she pay? (Use 52 weeks for 1 year.)

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Financial Management: Janice borrowed 3780 from her uncle for 37 weeks she repaid
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