Marcela took out a $600 discounted loan with a 4% annual interest rate over a period of 8 months. What is the effective annual interest rate for the loan? Round to two decimal places.

The point a is at –2 and the point b is at 7. marissa would like to divide this line segment in a 4: 3 ratio, and she would like to use the formula x = (x2 – x1) + x1. what values should she substitute into the formula? a = a + b = x1 = x2 =