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The simple interest charged on a 2-month loan of $22,000 is $521. Find the simple interest rate. (Round your answer to one decimal place.)
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Mar 22, 2024
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The simple interest charged on a 2-month loan of $22,000 is $521. Find the simple interest rate. (Round your answer to one decimal place.)
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The simple interest rate is 1.2%.
Shayan RC
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Mar 26, 2024
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