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Alice earned interest of $120 from my investment of $1000 for two years what is the rate of simple interest per year?
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Alice earned interest of $120 from my investment of $1000 for two years what is the rate of simple interest per year?

User Prabhat Gundepalli
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1 Answer

4 votes

Answer:

The rate of interest was 6%.

Explanation:

User Gnadelwartz
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