anonymous
  • anonymous
I WILL FAN AND MEDAL!!! What percentage interest rate is a loan that charges four thousand dollars in simple annual interest over 2 years on a five thousand dollar balance? Select one: A. zero point nine percent B. four percent C. nine percent D. forty percent
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
katieb
  • katieb
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
@steve816 @raymonde20 @Michele_Laino
Michele_Laino
  • Michele_Laino
I'm sorry, I'm not good with financial mathematics
anonymous
  • anonymous
ok..thx

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
plz??
anonymous
  • anonymous
@crazydave23 @isaac4321 @raymonde20
anonymous
  • anonymous
@Hero @j@Hero @Kitten_is_back @lordhelix8th @welshfella
anonymous
  • anonymous
SOMEBODY?!?!?!
anonymous
  • anonymous
Um my Brain just exploded reading this sorry Christina
anonymous
  • anonymous
lol..it's cool
anonymous
  • anonymous
We can still Try and figure it out
anonymous
  • anonymous
ok
anonymous
  • anonymous
Do you have any clue Christina
anonymous
  • anonymous
Cause I don't think it's a or B
anonymous
  • anonymous
D?
anonymous
  • anonymous
D?
anonymous
  • anonymous
Yes I believe so cause if it's over two years and the interest is 4000 dollars then for one year it would be 2 thousand dollars and if it was a 5000 dollar balance then it would be 40 percent
anonymous
  • anonymous
BOOM
anonymous
  • anonymous
thx.. <3
anonymous
  • anonymous
2000/5000 =2/5
anonymous
  • anonymous
Anytime sugar <3

Looking for something else?

Not the answer you are looking for? Search for more explanations.