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

With which of these positions would President Calvin Coolidge have agreed?
An increase in which of the following areas created a decline in labor union membership? automobile manufacturing coal mining steelmaking service industry
a florist sold bouquets of red roses to 15 of the first 20 customers who came into his shop. What is the experimental probability how many bouquets of red roses
which transformation preserves similarity between the preimage and image, but does not preserve congruence
for f(x)=x+3 and g(x)=4x+5 find the following functions(simplify answers) (f*g)(x)= (g*f)(x)= (f*g)(-1)=
What are at least three things a colony needs to successfully achieve autonomy? democratic form of government capitalistic economic system numerous treaties wit
solve for y by using elimination -4x + 8y = 10 7x + 9y = 19
grain is stored in cylindrical structures called silos. which is the best estimate for the volume of a silo with a diameter of 12.3 feet and a height of 25 feet
Does wind have atoms and molecules in it?
the radius of a softball is almost 2 inches. The radius of a basketball is almost 5 inches How would the surface area of a basketball compare to the surface are