A customer pays the bank a total of $4,224 after borrowing $3,200 at a simple interest rate for 5 years. What was the interest rate? 0.06% 0.32% 3.2% 6.4%

A customer pays the bank a total of $4,224 after borrowing $3,200 at a simple interest rate for 5 years. What was the interest rate?

0.06%
0.32%
3.2%
6.4%

1 Answer

A customer pays the bank a total of $4,224 after borrowing $3,200 at a simple interest rate for 5 years. What was the interest rate? 0.06% 0.32% 3.2% 6.4%

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions