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OpenStax, Intermediate Algebra 2e §2.2 Use a Problem Solving Strategy · Exercise 72 · Algebra · Algebra word problems

Use a Problem Solving Strategy · Exercise 72

Solve.

Kenneth lent his niece $1,200 to buy a computer. Two years later, she paid him back the $1,200, plus $96 interest. What was the rate of simple interest?

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OpenStax, Intermediate Algebra 2e · §2.2 Use a Problem Solving Strategy · Exercise 72

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