05-02-2017
Mathematics

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A man borrowed $125 000 at simple interest. After 8 months he paid $130 000. This cleared his debt and the interest on it.Calculate the percentage rate of simple interest per annum. PLSSSSSSSSSSSSSS HELP

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brookelawless10 brookelawless10

06-02-2017

.25% is the answer
hope this helps

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