7. If your receive $500 in simple interest on a loan that you made for $10,000 for...

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7. If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was the interest rate you charged?

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Principles Of Microeconomics 2e By OpenStax

ISBN: 9781947172340

2nd Edition

Authors: OpenStax

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Question Posted: Nov 06, 2024 04:00 AM

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7. If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was the interest rate you charged?
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7. If your receive $500 in simple interest on a loan that you made for $10,000 for...

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Principles Of Microeconomics 2e By OpenStax

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