jmm7431 jmm7431

13-11-2019
Mathematics

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If the simple interest on $6,000 for 6 years is $2,520 then what is the interest rate?

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jorislaurinavicius07 jorislaurinavicius07

16-11-2019

Answer:

7%

Step-by-step explanation:

2520/6 = 420 per year.

420 = 7% of 6000

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