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If the simple interest on $2,000 for 8 years is $1,120, then what is the interest rate?

If the simple interest on $2,000 for 8 years is $1,120, then what is the interest rate?
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If the simple interest on $2,000 for 8 years is $1,120, then what is the interest rate?

User Lomefin
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Answer:

Step-by-step explanations :14.72%

User Giannis Grivas
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