Posted by **bob** on Friday, July 6, 2012 at 7:49pm.

What annual interest rate was charged on a 2-year loan of $6300 if the simple interest paid was $1039.50? Show your work

- math -
**Ms. Sue**, Friday, July 6, 2012 at 7:56pm
Fay, Bob, Help, Tammy -- please use the same name for your posts.

I'll be glad to check your answer.

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