NOTE: Use ordinary interest

**Weegy:** 9% is the answer. the rate of the loan is 9%

**User:** Find the time for a loan of $3500 at an interest rate of 9.7% with the interest of $341. (Round to the nearest year).

**Weegy:** 1 year. 1 year is the time for a loan of $3500 at an interest rate of 9.7% with the interest of $341.

**User:** If interest paid on an investment is $25.21 for 50 days at an interest rate of 8.25%, what was the original amount invested if the exact interest method is used? (Round to the nearest cent).

**Weegy:** The original amount is $305.58

**User:** The U.S. Rule that allows borrowers to pay of a loan early uses which interest method

**User:** The amount of a loan that is borrowed is known as the

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