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Samantha with you they love on the bank the fourth thousand500 she plans on paying off the loan in four years at the end of the four years Samantha will have paid 900 in interest what is the simple interest rate on the bank loan

User Bkrishnan
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1 Answer

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900 is 20% of 4,500. So if that’s what you’re asking then 20%
User Roman Podymov
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