asked 144k views
2 votes
Find the Annual Percentage Rate (APR)
I = 562.50$ P = 1500$ T = 5 years

1 Answer

7 votes

Answer: The annual interest rate is 0.075 (look at the image for the answer)

Explanation:

Find the Annual Percentage Rate (APR) I = 562.50$ P = 1500$ T = 5 years-example-1
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User OptimizedQuery
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