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aniked [119]
3 years ago
7

say you want to find the rate of simple annual interest for 2 year loan the bank charges $560 interest for the $2,000 loan what

is the simple annual interest​ rate
Mathematics
1 answer:
romanna [79]3 years ago
5 0
28% interest would be your answer, you just divide 560/2000=.28
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