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Ms. Jordan received a $3,100 Loan for 1 year. if the interest charged is $372, what is the interest rate on the loan?
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Ms. Jordan received a $3,100 Loan for 1 year. if the interest charged is $372, what is the interest rate on the loan?

User Milesma
by
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1 Answer

5 votes

Answer:

8.3%

Explanation:

3100/372

User Guillaume Schuermans
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