april took out a $600 loan from the bank. At the end of 5 years she pays back the principal plus $60 simple intrest. What is the annual intrest rate

Paulek asked Dec 7, 2022

454,863 views

12 votes

Paulek asked Dec 7, 2022

2.9k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

10 votes

I’m pretty sure it would be 120 plus 60 at the end so that would make it 180

Jaysean answered Dec 11, 2022

3.0k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

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

1.6m questions

2.0m answers