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
Answer:
1/4 of a pie
Step-by-step explanation:
2 / 8 = 1/4
$27
2.65 x 2 (since he has to go both to and from work each day) = $5.30
Add the daily cost of the water bottle (1.45) to make his total cost for one day, which is 6.75
Multiply this number by 4 (because he goes 4 days a week) to get $27 for one week.