Question: Problem 2. (1 point) If $600 is borrowed and the interest after 18 months is $81, what is the annual interest rate for a simple

 Problem 2. (1 point) If $600 is borrowed and the interest

Problem 2. (1 point) If $600 is borrowed and the interest after 18 months is $81, what is the annual interest rate for a simple interest loan? Rate = %

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