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Aleksandr [31]
2 years ago
8

If the simple interest on $2,000 for 2 years is $280, then what is the interest rate?

Mathematics
1 answer:
Aleks04 [339]2 years ago
6 0

Answer:

0,28percent

Step-by-step explanation:

If simple interest formula is = P X r X t

Then  interest rate = p X t/ I

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