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Marrrta [24]
3 years ago
10

Paid $1,000 in interest on a loan of $10,000 for a

Mathematics
1 answer:
Lorico [155]3 years ago
4 0

Answer:

R = 2 % per annum.

Step-by-step explanation:

SI = (P*T*R) /100

$1000 = ($10000 * 5 yrs *Rate) /100

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