Mathematics, 13.10.2020 15:01, janae789

You want to find the rate of simple annual interest for a two-year loan. The bank charges $560 interest for the $2,000 loan. What is the simple annual interest rate? I = Prt 560 = 2,000 x r x 2

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You want to find the rate of simple annual interest for a two-year loan. The bank charges $560 inter...