Suppose that you borrow ​$4000.00from a friend and promise to pay back ​$7800.00 in 5 years. What simple interest rate will you​ pay?     The simple interest rate is enter your response here​___% ​(Round to the nearest tenth as​ needed.) Please write out the answer

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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Suppose that you borrow ​$4000.00from a friend and promise to pay back ​$7800.00 in 5
years. What simple interest rate will you​ pay?
 
 
The simple interest rate is enter your response here​___% ​(Round to the nearest tenth as​ needed.)

Please write out the answer
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