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3 years ago

10

Debra borrowed 5,000 from a bank for 6 years and was charged simple interest. The total interest that she paid on the loan was 2

100 . As a percentage, what was the annual interest rate of her loan?

2 answers:

nlexa [21]3 years ago

6 0

7% is the interest rate

timama [110]3 years ago

3 0

Answer:

7% was the interest rate

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