nicholemartinez89 nicholemartinez89

25-04-2020
Mathematics

contestada

Carlos borrowed 25,000 for 3 years and had to pay $3,750 simple interest at the end of that time. What rate of interest did he pay?

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josewilloughby josewilloughby

28-04-2020

Answer: 5% interest rate

Step-by-step explanation: 25000+3750 divided by 3 is 26250

3750 out of 25000 as a percentage is %5

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