Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran paid off the loan, he paid $2250 in interest. How long was the loan for, in years? .
Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran paid off the loan, he paid $2250 in interest. How long was the loan for, in years? .
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran paid off the loan, he paid $2250 in interest. How long was the loan for, in years?
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