contestada

Agatha borrowed $4,500 from the bank. 4 years later, Agatha owes the bank $5,040. What was the percentage rate of simple interest in the loan?

Respuesta :

Answer:

12%

Step-by-step explanation:

If we subtract both numbers we get 540.

[tex]\frac{540}{4500} = \frac{x}{100} \\[/tex]

540 x 100 = 54,000

54,000 / 4,500 = 12%

Otras preguntas