What was the interest rate you charged


Problem

If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was the interest rate you charged?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What was the interest rate you charged
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