Madison Duke needed start-up money for her bakery. She borrowed $ 1,200 for 30 months and paid

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Madison Duke needed start-up money for her bakery. She borrowed $ 1,200 for 30 months and paid $360 simple interest on the loan. What interest rate did she pay?
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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