ahu423 ahu423
  • 18-02-2020
  • Mathematics
contestada

15. James borrows $4,200 to pay his
college tuition. He signs a 5-year
simple interest loan. If the monthly
payments are $78,40, what is the
interest rate on the loan?

Respuesta :

Аноним Аноним
  • 18-02-2020

Answer:

interest rate is 0.0186666666666667

1.86666666666667%

Step-by-step explanation:

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