Mr. Thompson borrowed $3,000. He repaid the loan with an interest charge of $500 in 36 equal monthly payments. What approximate annual percentage rate did he pay? Find the answer to the nearest tenth of a percent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mr. Thompson borrowed $3,000. He repaid the loan with an interest charge of $500 in 36 equal monthly payments. What approximate annual ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The sum of 2 consecutive integers is at least negative fifteen what are the smallest values of consecutive integers that will make this true?
Answers (1)
Determine the approximate value of X. 8.56 2.78 9.46 29.12
Answers (1)
Make a equation to solve this problem: A number is 1/7 of another number. The difference of the numbers is 18. (assume that you are subtracting the smaller number from the larger number) Find the numbers.
Answers (1)
Can somebody answer this 2 3/4 + 12 6/8 =
Answers (1)
Variable y varies directly with variable x, and y = 6 when x = 9. What is the value of x when y = 18? <3
Answers (1)
New Questions in Mathematics
Fine line trucks rents an 18-ft truck for $42 plus 35 cents per mile. Judy needs a truck for one day to deliver a shipment of plants. How far can she drive and stay within a budget of $70?
Answers (1)
200 band students at Mcnair are going on a field trip. Out of all the band students, 140 students are percussion. What percent of the band students are in percussion?
Answers (1)
The volume of the cube is equal to four times the area of one of its faces. What is the volume of the cube?.
Answers (1)
Ms Everett found Birthday cards in packs of 6 and envelopes in packs of 9. If she wants to have the same number of cards and envelopes what is the minimum of each she can buy?
Answers (1)
Solve R=M + B, for B.
Answers (1)