A loan of $1500 attracts a daily interest of 3(0.29) = $0.87
For 120 days you pay $0.87 x 120 = $104.40 interest.
I = PrT; where P is the principal, r is the annual interest rate and T is the time.
500 x r x 1/365 = 0.29
r = 0.29 x 365 / 500 = 105.85/500 = 0.2117
Therefore,, Annual interest rate = 21.17%
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Answer:
well its go -3 -2 . 0 . 1.25 4
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Please look at the image.
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2
Step-by-step explanation:
/2= 8
8+6= 14
4+3=7
14/7= 2