document.write( "Question 1125761: To start a mobile dog grooming service, a woman borrowed $3000. If the loan was for 2 years and the amount of interest was $204, what simple interest rate was she charged? \n" ); document.write( "
Algebra.Com's Answer #742072 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The simple interest rate is equal to the amount of interest charged each year divided by the principal amount of the loan. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( " |