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Mathematics, 12.12.2020 16:50 MayFlowers

Jay Shayne borrows $2,500 from his dad, who feels it is best to charge him interest. Six months later, Jay Shayne repays his dad the loan plus interest, a total of $2,588. What was the annual interest rate on the loan? Answer needed ASAP

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Jay Shayne borrows $2,500 from his dad, who feels it is best to charge him interest. Six months late...
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