document.write( "Question 203571: Can someone please help me with this problem:\r
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document.write( "Find the actual interest rate paid, to the nearest tenth, on the simple discount note. \r
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document.write( "$27,000; discount rate 7%; length of loan 3 months \n" );
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Algebra.Com's Answer #153607 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 27000(.07)(.25)=472.5 \n" ); document.write( "472.5/27000=1.8% \n" ); document.write( " |