Find the annual interest rate paid on this loan:
1 answer:
Step-by-step explanation:
we know this
interest = $81; principal = $10,800; time = 1 month
r = i/p*r
r = 81/10,800 * 1
<em><u>r = 0.0075</u></em>
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Step-by-step explanation:
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Step-by-step explanation:
Please provide more information for a anwser
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