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shopaka12 shopaka12
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11 months ago
Albert loaned $850,000 to Batman on March 17. On January 9 of the following year, Batman paid to Albert the $49,000 of interest that had accumulated on the debt up to that time. What simple rate of interest was Albert charging on this loan?

▸ 7.06%

▸ 25.68%

▸ 31.40%

▸ 9.65%

▸ 17.34%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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snowcat012snowcat012
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