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Mathematics, 26.04.2021 22:10 keke6429

Sam loaned $8,000 to his brother to make a down payment on a new home. Three years later, he paid her back the $8,000 along with an interest of $900. If the
interest that was collected was simple interest, what was the annual interest rate?
Round answer to two decimal places.

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Sam loaned $8,000 to his brother to make a down payment on a new home. Three years later, he paid...
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