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If $150 interest is paid in 8 months on a straight note loan of $2500, what is the annual rate of interest?

If $150 interest is paid in 8 months on a straight note loan of $2500, what is the annual rate of interest?
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If $150 interest is paid in 8 months on a straight note loan of $2500, what is the annual rate of interest?

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User Ian Hazzard
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1 Answer

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Answer:

The other person is right

Explanation:

answered
User Luca Lindholm
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