Mathematics, 26.03.2021 18:40 jenm345

Baka borrows $3,000 to buy a piano. The simple interest owed at the end of 2 years is $540. what is the annual interest rate on Bakas loan for the piano?

a. 4.5%
b. 9%
c. 11.11%
d. 18%

please answer asap!

Answers: 2

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More questions: Mathematics Another questions

Baka borrows $3,000 to buy a piano. The simple interest owed at the end of 2 years is $540. what is the annual interest rate on Bakas loan for the piano? a. 4.5% b. 9% c. 11.11% d. 18% please answer asap!

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Another question on Mathematics

Baka borrows $3,000 to buy a piano. The simple interest owed at the end of 2 years is $540. what is the annual interest rate on Bakas loan for the piano?

a. 4.5%
b. 9%
c. 11.11%
d. 18%

please answer asap!