Mathematics, 28.11.2021 17:30 huntbuck14
Find the annual interest rate of a loan of $8,000 for 5 years, which results in simple
interest of $1,400. Give your answer as a percent.
Use the formula for simple interest: 1 = Prt
Answers: 3
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Find the annual interest rate of a loan of $8,000 for 5 years, which results in simple
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