Find the interest rate for a principal of $8581 and charged $40651 in interest for 18 years. The Formula is Take the interest divide by the principal then divide by the years then times by 100 Round your answer to 1 decimal place.
Find the interest rate for a principal of $8581 and charged $40651 in interest for 18 years. The Formula is Take the interest divide by the principal then divide by the years then times by 100 Round your answer to 1 decimal place.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
Related questions
Question
Find the interest rate for a principal of $8581 and charged $40651 in interest for 18 years.
The Formula is
Take the interest divide by the principal
then divide by the years
then times by 100
Round your answer to 1 decimal place.
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