dougals borrowed 1000 from patricia.He agreed to repay her 1150 after 3 years.What was the interest rate of the loan.

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asked Jul 5, 2019 70.0k views

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dougals borrowed 1000 from patricia.He agreed to repay her 1150 after 3 years.What was the interest rate of the loan.

Mathematics
middle-school

Dark Templar asked

by Dark Templar

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He agreed to pay an annual interest of .05% based on the initial amount.

Dzimi answered Jul 11, 2019

by Dzimi

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