Riley borrows $8,000 at a yearly simple interest rate he takes 5 years to pay off the loan and interest he pays $1,280 in interest what is the interest rate?

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12-06-2024
Mathematics

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Riley borrows $8,000 at a yearly simple interest rate he takes 5 years to pay off the loan and interest he pays $1,280 in interest what is the interest rate?

Sagot :

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