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math

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If a business borrows $16,000 and repays $29,200 in 6 years, what is the simple interest rate?
1 %

  • math - ,

    Good heavens! This is the one problem that has been answered! Obviously you haven't even checked to see if it's been answered.

    Please do not post any more questions without indicating what you know and don't know about the problem.

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