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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

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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grigory [225]

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Keywords: Functions, Composition

Learn more about functions at:

#LearnwithBrainly

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