loan of $1,000 was repaid at the end of 12 months with a check for $1,015. What annual rate of interest was charged? The annual rate of interest was charged at ?% Round to two decimal places as needed.)
loan of $1,000 was repaid at the end of 12 months with a check for $1,015. What annual rate of interest was charged? The annual rate of interest was charged at ?% Round to two decimal places as needed.)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.2: Writing And Solving Problems
Problem 9C
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A loan of $1,000 was repaid at the end of 12 months with a check for $1,015. What annual rate of interest was charged?
The annual rate of interest was charged at ?% Round to two decimal places as needed.)
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