SOLUTION: Please help with the homework 1. If the simple interest rate of 12% corresponds to a discount rate on a loan of R100. For one year equaling to what?

SOLUTION: Please help with the homework 1. If the simple interest rate of 12% corresponds to a discount rate on a loan of R100. For one year equaling to what?

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Question 1196024: Please help with the homework
1. If the simple interest rate of 12% corresponds to a discount rate on a loan of R100. For one year equaling to what?

Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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