subject
Mathematics, 08.03.2020 19:06 kendrabrown41

Philippa took out a $860 discounted loan for a period of m months and the simple interest rate was 6%. The amount that was actually disbursed into her bank account was $838.50. Calculate the effective interest rate of this loan, to the nearest 0.01%.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 22.06.2019 00:00
What multiplys to be 1 but adds up to be 4
Answers: 1
question
Mathematics, 22.06.2019 01:00
Find the measure for the angle indicated in bold
Answers: 1
question
Mathematics, 22.06.2019 01:30
Sandy is upgrading her internet service. fast internet charges $20 for installation and $52.45 per month. quick internet has free installation but charges $57.45 per month. part 1 out of 2 complete the equation that can be used to find the number of months after which the internet service would cost the same. use the variable x to represent the number of months of internet service purchased.
Answers: 1
question
Mathematics, 22.06.2019 04:30
Acertain company's main source of income is a mobile app. the company's annual profit (in millions of dollars) as a function of the app's price (in dollars) is modeled by p(x)=-2(x-3)(x-11)p(x)=−2(x−3)(x−11) which app prices will result in \$0$0 annual profit? enter the lower price first.
Answers: 2
You know the right answer?
Philippa took out a $860 discounted loan for a period of m months and the simple interest rate was 6...
Questions
question
Mathematics, 01.04.2020 00:00
question
Mathematics, 01.04.2020 00:00
question
Mathematics, 01.04.2020 00:00
question
Mathematics, 01.04.2020 00:00