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13-10-2021
Mathematics

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A loan company charges $ 100 interest for a one month loan of $ 2500. Find the annual interest rate they are charging.

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20spitmandavies19 20spitmandavies19

13-10-2021

Answer:

1200

Step-by-step explanation:

2500 is for one month annual means a year so you times 100 by 12 and you get your answer hope it helps :)

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