Simon borrows 942 dollars from debra for 141 days the


Simon borrows $942 dollars from Debra for 141 days. The annual simple interest rate on this loan is 1.6%.

Sara borrows $923 dollars from Jack for 144 days.

If the maturity value on both loans is the same, what annual simple interest rate is Jack charging Sara?

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Mathematics: Simon borrows 942 dollars from debra for 141 days the
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