SOLUTION: A bank lends one person $8727 at 3% interest, and another person $3273 at x% interest. If the interest amounts are the same, what was the rate of interest, to the nearest percent,
Algebra ->
Finance
-> SOLUTION: A bank lends one person $8727 at 3% interest, and another person $3273 at x% interest. If the interest amounts are the same, what was the rate of interest, to the nearest percent,
Log On
Question 1205415: A bank lends one person $8727 at 3% interest, and another person $3273 at x% interest. If the interest amounts are the same, what was the rate of interest, to the nearest percent, on the loan of $3273? Answer by math_tutor2020(3817) (Show Source):