Suppose Heather borrowed $6,161.00, but you forgot what the interest rate was for the simple interest loan. If Heather e
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Suppose Heather borrowed $6,161.00, but you forgot what the interest rate was for the simple interest loan. If Heather e
Suppose Heather borrowed $6,161.00, but you forgot what the interest rate was for the simple interest loan. If Heather ended up paying 57,146.76 in totat after 4 yoars. What was the interest rate of the loan? Record the rate as a percentago rounded to the nearest percent.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!