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zloy xaker [14]
3 years ago
15

A loan company charges $ 100 interest for a one month loan of $ 2500. Find the annual interest rate they are charging.

Mathematics
1 answer:
frozen [14]3 years ago
4 0

Answer:

1200

Step-by-step explanation:

2500 is for one month annual means a year so you times 100 by 12 and you get your answer hope it helps :)

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