document.write( "Question 234904: You borrow $5000 from your parents and agree to repay them $5500 in five
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document.write( "years. They are charging you a flat simple interest rate. What is the interest rate. \n" );
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Algebra.Com's Answer #173201 by rfer(16322) ![]() You can put this solution on YOUR website! 100/5000=.02=2% per yr \n" ); document.write( " |