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April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal,plus $60 simple interest . What was the annual interest rate?

Respuesta :

t1ck

Answer:

60/600=.1

.1/5=.02=2% interest rate over 5 years

Step-by-step explanation:

annadellamea34

Answer:

12

Step-by-step explanation: You would have to find out 5 times what equals 60.

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