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12 November, 07:48

Find the simple interest rate per annum on $22,000, if at the end of 3 years the interest is equal to $6000

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  1. 12 November, 10:49
    0
    9.09 %

    Step-by-step explanation:

    1). 6000 / 3 = 2000 $ interest per year

    2). 2000 / 22 000 = 9.09 %
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