document.write( "Question 678919: If a business borrows $20,000 and repays $33,800 in 6 years, what is the simple interest rate?
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Algebra.Com's Answer #421677 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 13800/6=2300 \n" ); document.write( "2300/20000=0.115=11.5% \n" ); document.write( " |