Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Your roommate let you borrow $161 to buy the PS5 4 months ago. You just paid him back today and gave him $39 extra for
Your roommate let you borrow $161 to buy the PS5 4 months ago. You just paid him back today and gave him $39 extra for interest. What is the period rate? Convert to a percent, round to 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started