Mathematics, 17.01.2021 01:00 homework1911

If you take out a loan for $4,000 and you will owe $4,920 after 2 years, what is the rate of simple interest? Express your answer as a percentage rounded to the nearest tenth of a percent if necessary, but do not include the percent sign.

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If you take out a loan for $4,000 and you will owe $4,920 after 2 years, what is the rate of simple...

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