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

Why is comparison the fast track to unhappiness? Explain in 4-5 sentences
write an equation to estimate the difference of 18/20 - 5/8
use decomposition to find the area of the figure
Write the code for a mapping that generates a list of the absolute values of the numbers in a list named numbers.
What can someone get if they want to buy a house now but do not have enough money to do so? 100 points
Find the equation of the lien shown.
In data communication, convergence refers to integrating voice, video, and data so that multimedia information can be used for decision making. True or False
The __________ causes the stage to move upward or downward.
What is (-1,-4) reflected over the y axis
Write at least 4 divisors of 300 that are multiples of tens