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Mason took out an $800 loan from the bank at the end of 5 years he paid back the principal + 120 simple interest rate what was the interest rate

Mason took out an $800 loan from the bank at the end of 5 years he paid back the principal + 120 simple interest rate what was the interest rate
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1 vote
Mason took out an $800 loan from the bank at the end of 5 years he paid back the principal + 120 simple interest rate what was the interest rate

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User Mark Pruce
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7.0k points

1 Answer

2 votes
24 dollars a year. sorry if i get that wrong for you
answered
User Snowmonkey
by
7.5k points
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