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Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that paul paid.

Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that paul paid.
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1 vote
Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that paul paid.

asked
User Sauronnikko
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8.1k points

1 Answer

5 votes
21% interest

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answered
User Escalator
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