Mathematics, 01.04.2021 08:10 naomicervero

Betsy borrowed $525 for a new foot stool. She made 6 monthly payments to repay the loan. She paid $35 interest. What is her simple interest rate? 35%
13.3%
6.7%
40%
20%

Answers: 2

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Betsy borrowed $525 for a new foot stool. She made 6 monthly payments to repay the loan. She paid $3...

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More questions: Mathematics Another questions

Betsy borrowed $525 for a new foot stool. She made 6 monthly payments to repay the loan. She paid $35 interest. What is her simple interest rate? 35% 13.3% 6.7% 40% 20%

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Another question on Mathematics

Betsy borrowed $525 for a new foot stool. She made 6 monthly payments to repay the loan. She paid $35 interest. What is her simple interest rate? 35%
13.3%
6.7%
40%
20%