Cassandra obtains a loan with simple interest to buy a car that costs $8,500. If Cassandra pays $1,020 in interest during the four-year term of the loan, what was the rate of simple interest? I need it in percent. For example 74%.

Ahypothesis is: a the average squared deviations about the mean of a distribution of values b) an empirically testable statement that is an unproven supposition developed in order to explain phenomena a statement that asserts the status quo; that is, any change from what has been c) thought to be true is due to random sampling order da statement that is the opposite of the null hypothesis e) the error made by rejecting the null hypothesis when it is true