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?

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

Answer:

you should get 0.0213 = 2.13%

Step-by-step explanation:

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