Question 9 What was the annual interest rate for a credit card if the principal balance was $865 and the 30 day interest was $12.05? Group of answer choices 17.18% 16.7% 16.95% 17.9%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter2: Linear Equations
Section2.1: Writing Equations
Problem 29PPS
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Question 9
What was the annual interest rate for a credit card if the principal balance was $865 and the 30 day interest was $12.05?
Group of answer choices
17.18%
16.7%
16.95%
17.9%
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