kentrellbutler97 kentrellbutler97

15-11-2021
Mathematics

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If you paid $160 in interest to a loan company for the use of $10000 of or 30 days, what annual simple interest rate did they charge?

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17-11-2021

Answer:A loan company charges $30 interest for a one month loan of $500. Find the annual interest rate they are charging.

Step-by-step explanation:You will earn $160 interest total over the four years. Try it Now 1. A loan company charges $30 interest for a one month loan of $500. Find the annual interest ...

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