denart1223 denart1223

23-04-2021
Mathematics

contestada

A loan of $4,000 was repaid at the end of 10 months with a check for $4,270. What annual rate
of interest was charged?
A.0.1067%
B.10.675%
C.1067.5%
D.128.6%
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julissa2735 julissa2735

23-04-2021

The rate of interest charged seems to be 8.10%

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