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
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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Question
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?
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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