sharp6 sharp6
  • 16-02-2021
  • Mathematics
contestada

2. If Sheila paid $1600 in interest on a year loan of $6,400 for her first car, 25 points
what was the interest rate? [R = 1 + (PT)]
Help please it’s due today

Respuesta :

bdtzs16
bdtzs16 bdtzs16
  • 17-02-2021

Answer:

25% annual interest rate

Step-by-step explanation:

$1600 ÷ $6400 = 0.25 aka 25%

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