Barney Casey borrowed $40 ,100 from his parents for 2 years . He paid them a total

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Barney Casey borrowed $40 ,100 from his parents for 2 years . He paid them a total of $ 45 000 at the end of the 2 - year term of the simple interest loan . What rate of interest did he pay his parents ? ( 15 points )

Posted Date: Jun 22, 2024 11:04 AM

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Barney Casey borrowed $40 ,100 from his parents for 2 years . He paid them a total

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