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A bill for $80,000 will nature on 25th October 2019. Alicia purchased the bill on 15th May 2019 for $78,400. Calculate the rate of simple
A bill for $80,000 will nature on 25th October 2019. Alicia purchased the bill on 15th May 2019 for $78,400. Calculate the rate of simple interest that was used to calculate price. give your answer as a percentage per annum.
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