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Ne4ueva [31]
3 years ago
5

To start a taco food truck service, a woman borrowed $7,500. If the loan was for 5 years and the amount of interest was $3187.50

, what simple interest rate was she charged?​
Mathematics
1 answer:
Inga [223]3 years ago
8 0

Answer:

The interest rate was 42.5%.

Step-by-step explanation:

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