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Asked by naral

the simple interst on $480 after 2 years is $72. the rate percent per annum is
12 years ago

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Answered by Ms. Sue
I = PRT

72 = 480 * R * 2

72 = 960R

72 / 960 = R

0.075 = 7.5% = R

12 years ago
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the simple interst on $480 after 2 years is $72. the rate percent per annum is

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