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OpenStudy (anonymous):
Use the simple interest formula to find the missing value. Rates are annual rates. Assume 360 days per year and 30 days per month. p = $6404, r = ?, t = 4 months, i = $202.79 A. r = 10.53% B. r = 0.10% C. r = 7.4% D. r = 9.5%
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