A Loan Of $980 Was Repald At The End Of 18 Months With A Check For $1,000. What Annual Rate

A Loan Of $980 Was Repald At The End Of 18 Months With A Check For $1,000. What Annual Rate Of Interest Was Charged? The Annual Rate Of Interest Was Charged At % (Round To Two Decimal Places As Needed.)

A loan of $980 was repald at the end of 18 months with a check for $1,000. What annual rate of interest was charged?
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