I NEED HELP ASAP PLZ a musician borrows $2,200 to buy a trumpet. The length of the loan is a 3 yr, and the total simple interest owed will be $792. what is the annual rate of interest, written as a percent,

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asked Oct 10, 2022 76.1k views

5 votes

I NEED HELP ASAP PLZ

a musician borrows $2,200 to buy a trumpet. The length of the loan is a 3 yr, and the total simple interest owed will be $792.

what is the annual rate of interest, written as a percent, on the musician's loan for the trumpet?

The formula for simple interest is l = Prt.