
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
John takes a loan of $\textdollar{180}$ and agrees to pay back a total of $\textdollar{198}$ after 18 months. Calculate the annual interest rate.
A) 6.67%
B) 10.0%
C) 5.0%
D) 15.0%

Present the answer in LaTex format: \boxed{Your answer}
user