SOLUTION: Can anyone help Me with I been stumped on this problem for a hour
To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $720. One mont
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Can anyone help Me with I been stumped on this problem for a hour
To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $720. One mont
Log On
Question 994084: Can anyone help Me with I been stumped on this problem for a hour
To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you $720. One month later, you get the guitar back by paying the pawnbroker $1472. What annual interest rate did you pay?
You will pay a simple interest rate of ??? Answer by rfer(16322) (Show Source):