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OpenStax, Elementary Algebra 2e §3.2 Solve Percent Applications · Exercise 59 · Algebra · Algebra word problems

Solve Percent Applications · Exercise 59

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Hilaria borrowed $8,000 from her grandfather to pay for college. Five years later, she paid him back the $8,000, plus $1,200 interest. What was the rate of interest?

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OpenStax, Elementary Algebra 2e · §3.2 Solve Percent Applications · Exercise 59

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