Ashot borrowed $225, and paid $108 as an interest of eight years. What was the annual interest rate?

Question

asked Oct 5, 2021 51.3k views

2 Answers

Archil Labadze · Answer 1 · 2021-10-12T03:56:40+0000

Answer:

6%

Explanation:

I asked this same exact question, no one got the right answer, so I just guessed, and what do you know, I got the answer right! So here you go.