Kahleegurl224 Kahleegurl224
  • 17-11-2017
  • Mathematics
contestada

A vet borrows $12,000 for 4 years. The total interest paid was $875. What was the interest rate on the loan?

Respuesta :

dannielle
dannielle dannielle
  • 30-11-2017
12000+875=12875 the total he paid
12000*x/100*4=12875
480x=12875
x=12875/480
x=26,82 % 
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lucaspettay lucaspettay
  • 07-10-2020

Answer:

26,82% aas the imvest

Step-by-step explanation:

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