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Home Q & A Board Other Fields Homework Help Business Finance
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ken80 ken80
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9 months ago

Interest is $405 on a principal balance of $5,000; assuming a 7-month loan, what is the rate? Round to the nearest cent or hundredth percent as needed.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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dongdong
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ken80 Author
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9 months ago
Brilliant ツ
kaytee23
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Correct Slight Smile TY
mkyoungs
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Helped a lot
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