ecandies55 ecandies55
  • 04-09-2020
  • Mathematics
contestada

a loan of $1,050 was repaid at the end of 18 months with a check for $1,075. what annual rate of interest was charged?

Respuesta :

25krjacobs
25krjacobs 25krjacobs
  • 04-09-2020

Answer:

you should get 0.0213 = 2.13%

Step-by-step explanation:

Answer Link

Otras preguntas

When an excited electron in an atom moves to the ground state, the electron (1) absorbs energy as it moves to a higher energy state (2) absorbs energy as it mov
Who is the Commander in Chief of the military?
Name two national U.S. holidays
What was one important thing that Abraham Lincoln did?
A sample of a substance has these characteristics: • melting point or 9811 K • hard. brittle solid at room temperature • poor conductor of heat and electricity
What are two ways that Americans can participate in their democracy?
What is the name of the President of the United States now?
Name one right only for United States citizens.
Which change results in the formation of different substances? (1) burning of propane (2) melting of NaCl (s) (3) deposition of CO2(g) (4) solidification of wat
Who vetoes bills? Please help