Jake received a student loan for $12,000. he plans on paying
off the loan in 5 years. at the en...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 11.10.2019 03:20, sugakookies1
Jake received a student loan for $12,000. he plans on paying
off the loan in 5 years. at the end of 5 years, jake will have paid
$3,600 in interest. what is the simple interest rate on the
student loan?
![answer](/tpl/images/cats/otvet.png)
Answers: 2
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