The interest on the loan is
.. I = P*r*t = 3000*.09*180/365 = 133.15
Your effective rate is
.. r = I/(Pt) = (100 +133.15)/(3000*180/365) = 15.8%
20/(7-3) The difference of seven and three have to be in the parentheses because 20 is divided by the difference of the numbers not the numbers themselves.
Answer:
22.9166%
Step-by-step explanation:
That is the answer, take note that the six is infinite.
Answer:
5/48
Step-by-step explanation:
