Question: Finance.set.1: Problem 4 Previous Problem Problem List Next Problem (1 point) Find the annual simple interest rate of a loan, where $1000 is borrowed and

Finance.set.1: Problem 4 Previous Problem Problem List Next Problem (1 point) Find the annual simple interest rate of a loan, where $1000 is borrowed and where $1060 is repaid at the end of 5 months Annual simple interest rates % Paw My A Su ASUS You have attempted this problem 0 times You have unlimited attempts remaining

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