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If you pay $2,640 annually on a $22,000 loan A, and pay $1,800 on a $12,000 loan B, then the interest rate is: A) 12
If you pay $2,640 annually on a $22,000 loan A, and pay $1,800 on a $12,000 loan B, then the interest rate is:
A) 12 percent on loan A and 18 percent on loan B B) 10 percent on loan A and 15 percent on loan B C) 12 percent on loan A and 15 percent on loan B D) 15 percent on loan A and 12 percent on loan B
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