document.write( "Question 21922: A loan of $2500 was given to Shari for 1 year. If the interest charged for the period was $275, what was the interest rate on the loan?
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Algebra.Com's Answer #10562 by queenofit(120)![]() ![]() ![]() You can put this solution on YOUR website! I=prt \n" ); document.write( "275=2500r*1 \n" ); document.write( "275+=2500r divide both sides by 2500 to get intrest rate \n" ); document.write( "275/2500=2500r/2500\r \n" ); document.write( "\n" ); document.write( ".11=r=11% \n" ); document.write( " \n" ); document.write( " |