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Rama09 [41]
3 years ago
10

Kaylee obtains a loan with simple interest to buy a car that costs $8,500. If Kaylee pays $1,020 in interest during the four-yea

r term of the loan, what was the rate of simple interest?
Mathematics
1 answer:
sladkih [1.3K]3 years ago
7 0

Answer:

The rate is 3 percentage

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