cristyr702 cristyr702
  • 03-12-2020
  • Mathematics
contestada

April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple interest.
What was the annual interest rate?

Respuesta :

ashleychavelas ashleychavelas
  • 03-12-2020
I think it would be 60 if not 120
Answer Link
hanakooo2424
hanakooo2424 hanakooo2424
  • 14-12-2021

Answer:

2%

Step-by-step explanation:

Answer Link

Otras preguntas

Simplify 1/3 + 4/x-2 = 6
The Marshall Track Team is running a relay race. There are 7 students on the team. The race is ½ of a mile long and each student runs the same distance. How far
If log_10(x) = 3 + log_10(y), then find x/y
Algebra quadratic functions and data, please help
An angle measures 66° more than the measure of its supplementary angle. What is the measure of each angle? A= B=
Solve and Answer correctly the question​
Choose the number (X) that should come next in this series (1 4 9 16 X). 20 23 25 27
What is always at the start of natural selection? A: reproduction B: mutation C: passing on genes
7. Which statement proves that a quadrilateral is a rhombus? A There is no line of symmetry B. All four sides are congruent C. The diagonals bisect each other D
I change the way you look at yourself good and bad I make you look harder and I have always been used? What am I