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Find the annual interest rate. Round your answer to the nearest hundredth of a percent. I=$160.67, P=$2000, t=8 months
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Find the annual interest rate. Round your answer to the nearest hundredth of a percent.

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

User EinsA
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The answer to the interest rate is 1%
User Vijikumar M
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