Question 1155528
.
Don Glover borrowed $18,000 for 210 days and paid $702.80 in simple interest on the loan. 
What annual simple interest rate did Don paid on the loan? 
(Round your answer to the nearest hundredth of a percent)
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        The assignment requires the answer to the nearest hundredth of a percent.

        @mananth failed this request and rounded differently.

        See my correct calculations below.



Simple Interest = P * r * t


P = 18000


r = ?


t = 210/365 years


SI =702.80


702.80 = {{{18000 * r * (210/365)}}}


r = {{{702.80/(18000*(210/365))}}} = 0.067862963.


Rounded to the nearest hundredth of a percent, this value is  r = 6.79%.  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ANSWER</U>



So, @mananth either does not read the assignment to the end, or his code makes rounding 
based on its own rules that @mananth does not control to the end - and then @mananth does not read/look at the output of his code.


My conclusion after checking this series of the @mananth solutions is


&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) &nbsp;&nbsp;that his work is not trustworthy,


&nbsp;&nbsp;&nbsp;&nbsp;and


&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) &nbsp;&nbsp;He never worked in engineering environment, where reliability of output is critically important.


Nobody taught him to check, re-check, cross-check and double-check his output.