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Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?

Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?
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Three years ago, Ava lent her sister $400 to buy some clothes. Today Ava’s sister paid her loan in full with $454. What simple annual interest rate did she pay?

User Andrew Bowman
by
9.1k points

2 Answers

3 votes
the answer is 4.5% i made sure it was correct
User Cninroh
by
8.7k points
3 votes
4.5 i hope it is correct!


User Pio Pio
by
8.1k points
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