document.write( "Question 994084: Can anyone help Me with I been stumped on this problem for a hour
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document.write( "To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $720. One month later, you get the guitar back by paying the pawnbroker $1472. What annual interest rate did you pay?
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document.write( "You will pay a simple interest rate of ??? \n" );
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Algebra.Com's Answer #613302 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! 1472-720=752 \n" ); document.write( "752/720*12=12.53=1253% APR \n" ); document.write( " |