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BigorU [14]
3 years ago
10

Eddie had a favorable simple annual interest rate on a used car loan, but he can’t remember what it was. His paperwork shows tha

t he originally borrowed S4000 and paid a total of $1280 in interest on the 4-year loan. What was Eddie’s annual interest rate?
Mathematics
2 answers:
ruslelena [56]3 years ago
7 0

Answer: 8%

Step-by-step explanation:

ArbitrLikvidat [17]3 years ago
5 0

Answer:

8%

Step-by-step explanation:

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