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Five years ago, Jay borrowed $1500 from his mother. He agreed to pay $150 in interest. What is the simple annual interest rate for this loan
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Five years ago, Jay borrowed $1500 from his mother. He agreed to pay $150 in interest. What is the simple annual interest rate for this loan

User Josh Pittman
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2 Answers

6 votes

Answer:

225$ in interest is how much he will have to pay

User Yiddy
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3 votes

Answer 1%

MAYYYYBEEEE

User Oleg Zhurakousky
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7.0k points
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