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For services? rendered, an attorney accepts a 90?-day note for $5,200 at 7?% simple interest from a client.? (Both interest and principal are repaid at the end of 90 ?days.) Wishing to use her money? sooner, the attorney sells the note to a third party for ?$5,280 after 60 days. What annual interest rate will the third party receive for the? investment?
The third party will receive an annual interest rate of ____%.
?(Type an integer or decimal rounded to two decimal places as? needed.)
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