Question: Q5 Question 5 (2 points) If Joe Kaur borrows $12,000 for 150 days and pays $436 in interest, what is the annual interest rate if

Question 5 (2 points) If Joe Kaur borrows $12,000 for 150 days and pays $436 in interest, what is the annual interest rate if the loan is discounted? 8.96% 9.17% 8.84% 8.74%

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