Mathematics, 10.11.2020 22:10 champions2k19
Sam loaned $12,000 to his brother to make a down payment on a new home. Four years later, he paid her back the $12,000 along with an interest of $2000. If the interest that was collected was simple interest, what was the annual interest rate? Round answer to two decimal places. Sam loaned $12,000 to his brother to make a down payment on a new home. Four years later, he paid her back the $12,000 along with an interest of $2000. If the interest that was collected was simple interest, what was the annual interest rate? Round answer to two decimal places. Sam loaned $12,000 to his brother to make a down payment on a new home. Four years later, he paid her back the $12,000 along with an interest of $2000. If the interest that was collected was simple interest, what was the annual interest rate? Round answer to two decimal places. Sam loaned $12,000 to his brother to make a down payment on a new home. Four years later, he paid her back the $12,000 along with an interest of $2000. If the interest that was collected was simple interest, what was the annual interest rate? Round answer to two decimal places.
Answers: 2
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Sam loaned $12,000 to his brother to make a down payment on a new home. Four years later, he paid he...
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