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migos123 migos123
  • 30-01-2017
  • Mathematics
Answered

I=$160.67, P=$2000, t=8 months


The annual interest is____ %

Verified Answer :

Anonymous Anonymous
  • 30-01-2017

You meant by the annual interest rate

r=lpt

x=160.67•2,000•8

x=(160.67)(2000)(8)

x=2570720
Your annual interest rate is x=2570720.

Hoped I helped!

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