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Natalka [10]
3 years ago
5

Sam borrows from the bank $12,000 to buy a car paying in simple interest $ 2,844 per year. Sam paid the loan in 3 years, what is

the annual interest rate on the loan?
Mathematics
1 answer:
12345 [234]3 years ago
5 0

Answer:

3,468

Step-by-step explanation:

i multiplied 2,844 by 3 and got 8,532 i then subtracted that from 12,000 and got 3,468

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