The rate of interest is 75 % per year
<em><u>Solution:</u></em>
Given that, Jamerra received a $3,00 car loan
she plans on paying off the loan in 2 years
<em><u>Jamerra will have paid $450 in interest</u></em>
Therefore, we get
Principal = $ 300
Number of years = 2
Simple Interest = $ 450
Rate of interest = ?
<em><u>The simple interest is given by formula:</u></em>

Where,
"p" is the principal and "n" is the number of years and "r" is the rate of Interest
<em><u>Substituting the given values we get,</u></em>

Thus rate of interest is 75 % per year
None of the numbers on the list of choices that you posted
with the question meets those conditions.
Answer:
Step-by-step explanation:
Begining of the month, value of stock=$78.35
At the end, the loss = $12.80
Value of stock at the end of the month= the difference between both values
$78.35 - $12.80 = $65.55
Answer: 15 with a remainder of 3