Rebecca wants to borrow $600 to buy her favorite video game console and a couple of games. Best Buy has a financing option where she can get everything today for zero dollars, but has to pay $675 in 9 months. What is the annual interest rate for this loan?
Rebecca wants to borrow $600 to buy her favorite video game console and a couple of games. Best Buy has a financing option where she can get everything today for zero dollars, but has to pay $675 in 9 months. What is the annual interest rate for this loan?
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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Rebecca wants to borrow $600 to buy her favorite video game console and a couple of games. Best Buy has a financing option where she can get everything today for zero dollars, but has to pay $675 in 9 months. What is the annual interest rate for this loan?
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