Ashot borrowed $225, and paid $108 as an interest of eight years. What was the annual interest rate?
2 answers:
Answer:
6%
Step-by-step explanation:
I asked this same exact question, no one got the right answer, so I just guessed, and what do you know, I got the answer right! So here you go.
Answer:
6%
Step-by-step explanation:
108 x%
------- = --------
225 100%
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