Posted by **Gertrude Sanders** on Wednesday, October 22, 2008 at 4:24pm.

Business and finance. Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?

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**Ms. Sue**, Wednesday, October 22, 2008 at 4:43pm
275 / 2500 = ?

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