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Mathematics, 31.01.2020 14:55 dozsyerra

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 in 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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