Mathematics, 07.05.2021 21:10 valencial0917
PLEASE HELP I AM BEGGIN YOU EXTRA POINTS AND BRAINLIEST PLEASE
Karsik borrowed $8,500 from a bank. During a period of five years, he paid a total of $2,125 in interest. What was the simple annual interest rate that the bank charged Karsik for his loan?
0.05%
0.5%
5%
7.7%
Answers: 2
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Karsik borrowed $8,500 from a bank...
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