Question: Find the interest rate if John borrows $ 2 , 0 0 0 over 4 years and pays $ 4 8 0 in interest. REFERENCE:

Find the interest rate if John borrows $2,000 over 4 years and pays $480 in interest.
REFERENCE: Simple Interest Formative #6
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Find the interest rate if John borrows $2,000 over 4 years

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