Suppose that you borrow $2000.00 from a friend and promise to pay back $3680.00 in 4 years. What simple interest rate will you pay? The simple interest rate is % (Round to the nearest tenth as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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Suppose that you borrow $2000.00 from a friend and promise to pay back $3680.00 in 4 years.
What simple interest rate will you pay?
The simple interest rate is % (Round to the nearest tenth as needed.)
O Time Remaining: 01:28:25
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Transcribed Image Text:Suppose that you borrow $2000.00 from a friend and promise to pay back $3680.00 in 4 years. What simple interest rate will you pay? The simple interest rate is % (Round to the nearest tenth as needed.) O Time Remaining: 01:28:25 Next MacBo esc 000 F2 F3 F4 2$ 1 2 Q W E %#3
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