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mr Goodwill [35]
4 years ago
7

Find the simple interest rate per annum on $22,000, if at the end of 3 years the interest is equal to $6000

Mathematics
1 answer:
Marina86 [1]4 years ago
5 0

Answer:

9.09 %

Step-by-step explanation:

1). 6000 / 3 = 2000 $ interest per year

2). 2000 / 22 000 = 9.09 %

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