document.write( "Question 1195150: A sum of $5000 was taken as a loan. After 1 year the money grew to $5500 by compounding annually. What was the rate of interest per annum? \n" ); document.write( "
Algebra.Com's Answer #827533 by josgarithmetic(39617)![]() ![]() ![]() You can put this solution on YOUR website! \"Take out a loan and the money grew\"??\r \n" ); document.write( "\n" ); document.write( "difference, $500\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |