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April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple interest. What was the interest rate?
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5 votes
5 votes
April took out a $600 loan from the

bank. At the end of 5 years, she pays
back the principal, plus $60 simple
interest. What was the interest rate?

User Gogol
by
2.9k points

2 Answers

22 votes
22 votes

Answer:

I don’t know

Explanation:

User Nicolasthenoz
by
3.0k points
19 votes
19 votes

Answer:

2%

Explanation:

User Jibran Khan
by
3.0k points
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