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Asked by Amanda

calculate the rate percentage per year if $3240 is paid as intrest on 12000 for 2 and a half years
9 years ago

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Answered by Ms. Sue
I = PRT

3240 = 12,000 * R * 2.5

3240 = 30,000R

0.108 = 10.8% = R

9 years ago
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calculate the rate percentage per year if $3240 is paid as intrest on 12000 for 2 and a half years

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