Question: If $ 7 2 , 6 0 0 is the amount payable in two years for a $ 6 0 , 0 0 0 simple

If $72,600 is the amount payable in two years for a $60,000 simple loan made today, the interest rate is
Question 6 options:
5 percent.
10 percent.
21 percent.
25 percent.

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