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22 March, 12:24

The simple interest on a loan of $6000 for 3 years was $900. What was the rate of interest per annum

Answers (1)
  1. M
    22 March, 13:24
    0
    5%

    Step-by-step explanation:

    900/3=300

    300/6000=0.05

    0.05=5%
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