ecandies55 ecandies55
  • 04-09-2020
  • Mathematics
contestada

a loan of $1,050 was repaid at the end of 18 months with a check for $1,075. what annual rate of interest was charged?

Respuesta :

25krjacobs
25krjacobs 25krjacobs
  • 04-09-2020

Answer:

you should get 0.0213 = 2.13%

Step-by-step explanation:

Answer Link

Otras preguntas

Artur, who has a disability, is an employee of banquet & event facilities & services, inc. after the installation of new doors on the entrance to banque
How did the Battle of Marathon pave the way for Alexander of Macedon?
if x^2=40, what is the value of x?
Why is the answer B?
What is the slope-intercept form of the equation of the line that passes through the points (2, 7) and (4, −1) ? y=−4x+15 y=−4x+12 y=−4x+30 y=
why is it important for the federal government to enforce civil rights protections in the individual states? A. citizens are only legally entitled to equal prot
what technological advances addressed in 1984 present continuous ethical implications today
Why will the value of y for the function y equals 5x + 1 always be greater than that of y equals 4x + 1 when X is greater than 1?
Ulysis carries a 10kg knapsock while climbing a mountain. If Ulysis weighs 5.8x10^2 N. After 15 mins, he is 8m above the mountain. a.)Total work?b.)Power?I'll g
On June 30, 2015, Martin Co. has assets of $22,000 and owners' equity of $5,000. What is the total of its liabilities on that date?