What is the rate of interest ( as a % ) on a loan of $7000, for 236 days, if the amount of interest is $325.39, using the ordinary interest method? Round to the nearest tenth of percent
What is the rate of interest ( as a % ) on a loan of $7000, for 236 days, if the amount of interest is $325.39, using the ordinary interest method? Round to the nearest tenth of percent
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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What is the rate of interest ( as a % ) on a loan of $7000, for 236 days, if the amount of interest is $325.39, using the ordinary interest method? Round to the nearest tenth of percent.
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