OpenStax, Intermediate Algebra 2e §2.2 Use a Problem Solving Strategy · Exercise 71 · Algebra · Algebra word problems
Use a Problem Solving Strategy · Exercise 71
Solve.
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 simple interest?
OpenStax, Intermediate Algebra 2e · §2.2 Use a Problem Solving Strategy · Exercise 71
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