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anonymous

  • 5 years ago

sarah needs to borrow $2750 for her school tuition. she borrows the money on a six month short term note that charges simple ierest. after 6 monhs, she owes $110.00 in interest. what is the simple interest ratebeing charged on this note?

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  1. anonymous
    • 5 years ago
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    I = prt/100 110 = 2750 x r x 0.5 /100 110x200/2750 = r r=8%

  2. anonymous
    • 5 years ago
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    can you help me with a problm that has 4 q's. please..

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