Determine the simple interest rate applied to a principal over 20 years if the total interest paid

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Determine the simple interest rate applied to a principal over 20 years if the total interest paid equals the borrowed principal. Then, how long does it take a principal payment to triple at a simple interest rate of 6%?

Posted Date: Sep 29, 2021 10:26 PM

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Determine the simple interest rate applied to a principal over 20 years if the total interest paid

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The principal P01000P01000 2 ... View the full answer

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