You borrow $710 from your brother and agree to pay back $770 in 3 months. What simple interest rate will you pay? % (round to the nearest tenth of a percent)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 14E
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You borrow $710 from your brother and agree to pay back $770 in 3 months. What simple interest
rate will you pay?
% (round to the nearest tenth of a percent)
Transcribed Image Text:You borrow $710 from your brother and agree to pay back $770 in 3 months. What simple interest rate will you pay? % (round to the nearest tenth of a percent)
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