document.write( "Question 1063253: Suppose you pay back $510 on a $500 loan. You had the loan for 45 days. What was your simple annual interest rate? \n" ); document.write( "
Algebra.Com's Answer #678382 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Suppose you pay back $510 on a $500 loan. \n" ); document.write( " You had the loan for 45 days. \n" ); document.write( " What was your simple annual interest rate? \n" ); document.write( ": \n" ); document.write( "You paid $10 in interest \n" ); document.write( " \n" ); document.write( "Find the annual rate \n" ); document.write( " |