Tom borrowed $8,000 for 4 years to make improvements on his house. If he repaid a total of $10,320, what interest rate did he bo

Question

Brums [2.3K]

2 years ago

9

Tom borrowed $8,000 for 4 years to make improvements on his house. If he repaid a total of $10,320, what interest rate did he bo

rrow the money at?

Mathematics

1 answer:

mina [271] · Answer 1 · 2022-11-05T01:49:31+03:00

mina [271]2 years ago

3 0

The loans interest rate is 6.57305%

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