glloves957 glloves957

12-12-2020
Mathematics

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Jay Shayne borrows $2,500 from his dad, who feels it is best to charge him interest. Six months later, Jay Shayne repays his dad the loan plus interest, a total of $2,588. What was the annual interest rate on the loan?

Answer needed ASAP!!!!!!!!!!!!!

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YJedi144 YJedi144

12-12-2020

Answer:

94

Step-by-step explanation:

how i got the answer is that i subtracted 2,588 minus 2,500 and i got 88 and then i added 88 plus 6 and i got 94.

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