(Please answer QUICKLY!) Five years ago, Jay borrowed $1500 from his mother. He agreed to pay $150 in interest. What is the simple annual interest rate for this loan? A. 1% B. 2% C. 3% D. 4%

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jun 17, 2019 235k views

5 votes

(Please answer QUICKLY!)

Five years ago, Jay borrowed $1500 from his mother. He agreed to pay $150 in interest. What is the simple annual interest rate for this loan?
A. 1%
B. 2%
C. 3%
D. 4%

Mathematics
middle-school

Lex Bryan asked

by Lex Bryan

5.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

3 votes

Answer:

B i think sorry if im wrong

Explanation:

Mittal Patel answered Jun 20, 2019

by Mittal Patel

5.7k points

0 Comments

Please log in or register to add a comment.

5 votes

I Am not sure but its may be number2

Evi Song answered Jun 23, 2019

by Evi Song

5.9k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.2m questions

8.1m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions