katherin1367owaqoa katherin1367owaqoa

02-05-2020
Mathematics

contestada

John borrows $2,500 from his dad, who feels it is best to charge him interest. Six months later,
John repays his dad the loan plus interest, a total of $2,588. What was the annual interest rate on
the loan?

Respuesta :

skullandrew21 skullandrew21

02-05-2020

Answer:

the answer is 7.04 percent

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