Mathematics, 13.02.2020 07:41 blkrosesss

Jake received a student loan for $12,000. He plans on paying off the loan in 5 years . At the end of 5 years, Jake will have paid $3,600 interest. What is the simple interest rate on the student loan.

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Jake received a student loan for $12,000. He plans on paying off the loan in 5 years . At the end of...

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