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If the simple interest on ​$7000 for 8 years is ​$5040​, then what is the interest​ rate?
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If the simple interest on ​$7000 for 8 years is ​$5040​, then what is the interest​ rate?

User Madison May
by
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1 Answer

12 votes

Answer:

9% per year

Explanation:

User Ashitakalax
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