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Mathematics 13 Online
OpenStudy (anonymous):

can you please check this for me!

OpenStudy (anonymous):

What percentage interest rate is a loan that charges five thousand dollars in simple annual interest over 5 years on a five thousand dollar balance? two percent five percent twenty percent fifty percent

OpenStudy (anonymous):

is it 5 percent?

ganeshie8 (ganeshie8):

no, did u use the formula : I = P*R*T ?

OpenStudy (anonymous):

no?

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