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I=$160.67, P=$2000, t=8 months

The annual interest is____ %

User Oflahero
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1 Answer

5 votes
You meant by the annual interest *rate*

r=lpt

x=160.67•2,000•8

x=(160.67)(2000)(8)
x=2570720
Your annual interest rate is x=2570720.

Hoped I helped!
User Stefan Bachert
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