legobuster0412
legobuster0412 legobuster0412
  • 31-01-2021
  • Mathematics
contestada

Debra borrowed 5,000 from a bank for 6 years and was charged simple interest. The total interest that she paid on the loan was 2100 . As a percentage, what was the annual interest rate of her loan?

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rorycampbell0721
rorycampbell0721 rorycampbell0721
  • 31-01-2021

Answer:

7% was the interest rate

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melialexi melialexi
  • 31-01-2021
7% is the interest rate
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