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QUESTION Jackson Moving Company borrowed $8,892 for 298 days and paid $379 64 in interest. Find the rate of interest on the loan Use Banker's
QUESTION Jackson Moving Company borrowed $8,892 for 298 days and paid $379 64 in interest. Find the rate of interest on the loan Use Banker's 360 days Keep your answer in decimal form using 3 decimal places Chek Soe and Submit to save and submit Chek Sowetovalle Type here to search O 5001012 soron merking promom who this it's important not to round intermediate values that in the numbers that meton This is because in an exponential model mal errors in the input values can errors in the output values in fact it's good idea to take advantage of your calculators Marcador by entering the whole expressionOnce we have F - 7500 (1 + r) en colate 7500+ 0.05 ) ( 45) Tous 9615 279. It is a good habit to enter expressions like this into the actor Toy some practice you will find that you are less likely to make mistakes this way than by copy ente wou are paying careful attention to the parentheses as you enter them on the calculator open parentheses with a closing parenthesis if you leave one out your calculator will que et sues wront and leave you with an incorrect result
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