document.write( "Question 45863This question is from textbook Finite math
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document.write( ": A loan of $3500 was made for two years. The simple interest paid was $595. What was the interest rate? My answer is 8.50% is thiss right. thanks \n" );
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Algebra.Com's Answer #30449 by tutorcecilia(2152)![]() ![]() You can put this solution on YOUR website! I=prt \n" ); document.write( "595=(3500)(2)(r) \n" ); document.write( ".085=r \n" ); document.write( "(.085)(100)= 8.5% \n" ); document.write( " |