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Mathematics, 19.03.2021 19:00 maddielr17

The simple interest owed on a loan of $5,600 after 4 years is $1,120. What PERCENT represents the annual interest rate of the loan? (Enter your answer as a %)ā€‹

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The simple interest owed on a loan of $5,600 after 4 years is $1,120. What PERCENT represents the an...
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