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

I have a 5 in the ones place. when u add 30 to me, you get 55. what number am I ? is it 25
What difference might someone's belief about the origin of the universe make in how that person lives his or her life?
What is the probability that a fair coin lands heads 4 times out of 5 flips??
Which choice describes a question that could be answered by moving the decimal point 3 places to the right? A. multiplying 41.05 by 103 B. multiplying 41.05 b
Be precise. Multiplication is defined as repeated addition. Use the word repeated to define exponential form. Justify your reasoning.
16. Find all the real square roots of 0.0625.
English 11 A exam? connections?
What would we observe on earth if the sun’s internal energy source suddenly shut off??
When taking a portrait of someone, professional photographers may use what to eliminate distracting backgrounds?
A 54-year-old male patient with small-cell lung cancer is receiving etoposide. the nurse will carefully monitor for which of the following? a. Hypertension b. H