A sum of $ 46875 was lent out at simple interest and at the end of 1 year 8 months, the total amount was $ 50000. Find the rate of interest per year.
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Answer:2777.7777 or 44097.223
Step-by-step explanation:because you have to divide $50000 and 18 and get $2777.7777 subtracted by $46875 and you get $44097.223
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Answer:
2777.7777 this is your answer
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