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Mathematics, 05.01.2020 15:31 chasen11

Your bank gives you a special loan of $112,000. at the end of 30 years, you will pay the bank $176,400 in simple interest. what is the annual interest rate on your loan?

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Your bank gives you a special loan of $112,000. at the end of 30 years, you will pay the bank $176,4...
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