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shepherd shepherd
wrote...
Posts: 2986
8 years ago
Assuming you were charged simple interest on a loan of $4,900 which requires you to repay in one year $5,292, what rate of interest would you be charged? (Round interest rate to the nearest hundredth percent if necessary.)
A) 8%      B) 11%      C) 7.41%      D) 9.26%
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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8 years ago
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notmenow

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shepherd Author
wrote...
8 years ago
Exactly what I wanted!
wrote...
8 years ago
Let me know if you need anymore help
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