Question: I want to this question answer for General accounting question not need ai solution You borrow $1,200 and agree to repay $1,320 at the end

I want to this question answer for General accounting question not need ai solution

I want to this question answer for General
You borrow $1,200 and agree to repay $1,320 at the end of 1 year. What is the annual interest rate earned by the lender

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