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Grayson took out a loan for $900. In 18 months, he paid $54 in simple interest. What was the interest rate on Grayson's loan?

Grayson took out a loan for $900. In 18 months, he paid $54 in simple interest. What was the interest rate on Grayson's loan?
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Grayson took out a loan for $900. In 18 months, he paid $54 in simple interest. What was the interest rate on Grayson's loan?

User Xedni
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1 Answer

11 votes

Answer:

.

Explanation:

User Sjacob
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