ARIHANNAL
Session 2: Calculator
Question 22
X+Y
Line
Guide
Jason took...
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Mathematics, 09.12.2020 06:40 mikee675
ARIHANNAL
Session 2: Calculator
Question 22
X+Y
Line
Guide
Jason took out an $800 loan from his bank two years ago. He recently paid $860 back to the bank. This included the original loan amount
and the simple interest charged to him.
What was the annual interest rate of Jason's loan?
a 3%
D 3.75%
7.5%
15%
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Answers: 1
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