Jeff borrowed $800 from his brother for 2 years. At the end of 2 years, Jeff repaid
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Jeff borrowed $800 from his brother for 2 years. At the end of 2 years, Jeff repaid the $800 plus $128 in interest. What simple interest rate did Jeff pay?
When appropriate, round answers to the nearest hundredth.
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Related Book For 
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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