subject
Mathematics, 16.04.2020 12:17 darkremnant14

Billy takes out a $2,400 discounted loan using a simple interest rate of 8% for a period of 18 months. What is the effective interest rate? Give your answer as a percentage to the nearest tenth of a percent. Do not include the percent symbol in your answer.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Which are factor pairs of 350? choose all answers that are correct. a) 30 and 12 b) 35 and 10 c) 70 and 5 d) 2 and 125
Answers: 2
question
Mathematics, 21.06.2019 18:30
The volume of a sphere is increased by 6%. calculate the corresponding percentage increased in it area.
Answers: 3
question
Mathematics, 21.06.2019 19:30
Sundar used linear combination to solve the system of equations shown. he did so by multiplying the first equation by 5 and the second equation by another number to eliminate the y-terms. what number did sundar multiply the second equation by? 2x+9y=41 3x+5y=36
Answers: 1
question
Mathematics, 21.06.2019 19:30
Acar started driving from city a to city b, distance between which is 620 miles, at a rate of 60 mph. two hours later a truck left city b and started moving towards city a at a rate of 40 mph. what distance from city a is the point where the truck and the car will meet?
Answers: 1
You know the right answer?
Billy takes out a $2,400 discounted loan using a simple interest rate of 8% for a period of 18 month...
Questions
question
Mathematics, 14.04.2021 01:30
question
Mathematics, 14.04.2021 01:30
question
Biology, 14.04.2021 01:30
question
Mathematics, 14.04.2021 01:30
Questions on the website: 13722363