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 15:00
1. a right triangle is graphed on a coordinate plane. find the length of the hypotenuse. round your answer to the nearest tenth. 2. use the angle relationship in the figure below to solve for the value of x. assume that lines a and b are parallel and line c is a transversal.
Answers: 1
question
Mathematics, 21.06.2019 18:30
Anew shopping mall is gaining in popularity. every day since it opened, the number of shoppers is 5% more than the number of shoppers the day before. the total number of shoppers over the first 10 days is 1258 how many shoppers were on the first day?
Answers: 2
question
Mathematics, 21.06.2019 18:40
Valentina is subtracting from . she finds the lcd to be 15y2. what is valentina's next step?
Answers: 2
question
Mathematics, 21.06.2019 21:30
Noel is hoping to make a profit (in $) on the school play and has determined the function describing the profit to be f(t) = 8t – 2654, where t is the number of tickets sold. what does the number 8 tell you?
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, 17.04.2022 07:50
Questions on the website: 13722360