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OpenStudy (anonymous):
can you please check this for me!
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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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