littlecarly14 littlecarly14

01-02-2021
Mathematics

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Rob borrowed $2500 for 18 months and repaid $ 2950. What simple annual interest did he pay?

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matthewt56 matthewt56

01-02-2021

He payed a lot of interest

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meganeb314 meganeb314

01-02-2021

He payed $25 dollars each month for interest

2950-2950 = 450 divided by 18 is 25

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