Question
A loan of $1,020 was repaid at the end of 12 months with a check for $1,050. What annual rate of interest was charged? The
A loan of $1,020 was repaid at the end of 12 months with a check for $1,050. What annual rate of interest was charged? The annual rate of interest was charged at %. (Round to two decimal places as needed.)
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Precalculus Real Mathematics, Real People
Authors: Ron Larson, Gaylord N Smith
6th Edition
1133714749, 9781133714743
