(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%

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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

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2 Answers

3 votes

Answer:

B i think sorry if im wrong

Explanation:

Mittal Patel answered Jun 20, 2019

by Mittal Patel

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5 votes

I Am not sure but its may be number2

Evi Song answered Jun 23, 2019

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2 Answers

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