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dolphi86 [110]
3 years ago
9

Carlos borrowed 25,000 for 3 years and had to pay $3,750 simple interest at the end of that time. What rate of interest did he p

ay?​
Mathematics
1 answer:
Sever21 [200]3 years ago
5 0

Answer: 5% interest rate

Step-by-step explanation: 25000+3750 divided by 3 is 26250

3750 out of 25000 as a percentage is %5

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