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17-06-2020
Mathematics

contestada

To start a taco food truck service, a woman borrowed $7,500. If the loan was for 5 years and the amount of interest was $3187.50, what simple interest rate was she charged?

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Vickersbloodline213 Vickersbloodline213

18-06-2020

Answer:

The interest rate was 42.5%.

Step-by-step explanation:

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