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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? Enter your answer in the box. %
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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? Enter your answer in the box.

%

User Robin Michay
by
8.4k points

2 Answers

2 votes

Answer:

2%

Explanation:

User Greg Lowe
by
8.3k points
2 votes

Answer:

2 percent

Explanation:

i took the test

User Kshakir
by
8.1k points
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