document.write( "Question 881756: What is the interest rate if you pay $12 for interest when you borrow $2000 for a year? \n" ); document.write( "
Algebra.Com's Answer #532458 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! What is the interest rate if you pay $12 for interest when you borrow $2000 for a year? \n" ); document.write( "------------------ \n" ); document.write( "Ans: 12/2000 = 0.006 = 0.6% \n" ); document.write( "------------------------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "-------------- \n" ); document.write( " |