Interest of $429.48 was charged on a loan of $9,500 over a period of 7 months. To two decimal places, what simple rate o
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Interest of $429.48 was charged on a loan of $9,500 over a period of 7 months. To two decimal places, what simple rate o
Interest of $429.48 was charged on a loan of $9,500 over a period of 7 months. To two decimal places, what simple rate of interest was charged on the loan? A. 4.52% OB. 3.48% OC. 7.75% OD. 264% OE. 4.38%
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