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Mathematics, 10.12.2020 17:10 selenamr

Elsa took out a $6000 loan for 5 months and was charged simple interest. The total interest she paid on the loan was $195. As a percentage, what was the annual interest rate of Elsa's loan?

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Elsa took out a $6000 loan for 5 months and was charged simple interest. The total interest she paid...
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