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Mathematics, 05.07.2019 14:20 emilyturchon

Formula given in picture q-i borrow $3000 for 2 years and paid $360 interest. using simple interest, how much was the interest rate? i feel like i should know this, but i’m stuck on how to reverse the equation to get the rate.

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Formula given in picture q-i borrow $3000 for 2 years and paid $360 interest. using simple interest,...
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