If you paid $47 to a loan company for the use of $1120 for 191 days, what annual rate of interest did they charge?
If you paid $47 to a loan company for the use of $1120 for 191 days, what annual rate of interest did they charge?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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If you paid $47 to a loan company for the use of $1120 for 191 days, what annual rate of interest did they charge?
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