Question: Borealis Hardware borrowed $ 1 8 , 5 5 0 on July 1 2 , 2 0 2 1 and repaid this loan on March

Borealis Hardware borrowed $18,550 on July 12,2021 and repaid this loan on March 28,2022. What annual rate of simple interest was charged if the amount repaid was $19389.79?
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