ririqueen ririqueen

17-04-2021
Mathematics

contestada

The cost of interest of a $500 loan for 12 months is $21.88. What is the
interest rate charged for the loan per year?

Respuesta :

robertjnicolaou robertjnicolaou

17-04-2021

Answer:

4.376%

Step-by-step explanation:

$21.88/$500 x 100= 4.376%

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