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

FDR was a(n) ____ man who believed that action should be taken to try to help suffering Americans.
i need....help plz ​
What is the answer to this 4 1/3 x 6 please help
he three levels of government are ____, ____, and ____. local democratic republican state federal
Can someone check this for me thanks
if you toss a ball upward, is the momentum of the moving ball conserved? is the momentum of the system consisting of ball + earth conserved?
Write an equation for the line described. Give your answer in slope-intercept form. m=6/7, through (6,5)
Mr. Martinez makes $800 in 20 hours. How much does he make in one hour? How do you know?
Luis uses cubes to represent each term of a pattern based on a recursive function. The recursive function defined is f(n + 1) = f(n) + 4, where n is an integer
Two more than-4 times a number is greater than or equal to 26. Then solve.