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Find the annual interest rate. I = $160, P= $2000, t= 8 months The annual interest rate is 1 %.

Find the annual interest rate. I = $160, P= $2000, t= 8 months The annual interest rate is 1 %.
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16 votes
Find the annual interest rate.

I = $160, P= $2000, t= 8 months
The annual interest rate is
1
%.

User Instine
by
7.5k points

2 Answers

4 votes

Answer:

20.50

Explanation:

User Elease
by
8.4k points
9 votes

Answer:

12.05%

Explanation:

:D

User Thmspl
by
7.8k points
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