Jason decides to borrow money for a holiday. If a personal loan is taken over 4 May 24, 2022 by admin ✪ Choose the correct option.Jason decides to borrow money for a holiday. If a personal loan is taken over 4 years with equal quarterly repayments at 12% p.a. flat rate (simple interest), calculate the effective rate of interest.A. 22588B. 32.588C. 42.588D. 43.588 Submit Answer