tyerekeruffins tyerekeruffins

14-08-2019
Mathematics

contestada

9. A simple interest loan with a principal of
$5000 is paid back after 2 years. The total
payment is $5875. What is the annual rate of
interest on the loan?

Respuesta :

jpkurowski0709 jpkurowski0709

14-08-2019

Answer:

437.50

Step-by-step explanation:

Okay so you need to give him 5000 but now its 5875 cuz you waited so just do 875÷2

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