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Mathematics, 05.03.2020 20:30 BluSeaa

A simple interest loan with a principal of
$5000 is paid back after 24 years. The total
payment is $5875.

What was the annual rate of interest on the loan?

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Answers: 3

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A simple interest loan with a principal of
$5000 is paid back after 24 years. The total
...

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