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Ms. Jordan has been given a loan of $2500.00 for 1 year. Ifthe interest charged is $275.00, what is the interest rate on the loan?
{R/Year}=SI X 100
A
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Ms. Jordan has been given a loan of $2500.00 for 1 year. Ifthe interest charged is $275.00, what is the interest rate on the loan?
{R/Year}=SI X 100
A
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Question 47585This question is from textbook Beginning Algebra
: Please check my answer
Ms. Jordan has been given a loan of $2500.00 for 1 year. Ifthe interest charged is $275.00, what is the interest rate on the loan?
{R/Year}=SI X 100
Answer 11%
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Thank You in advance! This question is from textbook Beginning Algebra
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