document.write( "Question 1148486: A man borrowed $950. Six months later, he repaid the loan (principal and interest) with $1150. What simple interest rate did he pay? (Round your final answer to two decimal places.)
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Algebra.Com's Answer #769842 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( "-------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "-------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "I assume it's annual interest, so I used \n" ); document.write( "which is 6 months \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "42.11% \n" ); document.write( "-------------------- \n" ); document.write( "Get a 2nd opinion on this\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |