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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 intrest. What is the annual intrest rate

April took out a $600 loan from the bank. At the end of 5 years she pays back the principal plus $60 simple intrest. What is the annual intrest rate
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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 intrest. What is the annual intrest rate

User Jarodsmk
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I’m pretty sure it would be 120 plus 60 at the end so that would make it 180
User Montresor
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