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The interest on $2,000 for 2 years is $320. What is the simple interest rate?
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4 votes
The interest on $2,000 for 2 years is $320.
What is the simple interest rate?

User Weberjn
by
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2 Answers

4 votes

Answer:8%

Explanation:

User Hiren Prajapati
by
5.5k points
3 votes

Answer:

8%/year

Explanation:

User Nanny
by
5.3k points
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