2bblivingston 2bblivingston

16-11-2020
Mathematics

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Mary Ball $400 for my bank for two years and was charged simple interest the total interest that she paid on the loan is $24 as a percentage what was the annual interest rate of her loan

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BackwoodsRebel BackwoodsRebel

16-11-2020

Answer:

6%

Step-by-step explanation:

24÷400=.06

.06=6% after moving decimal point to the right 2 places

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