5.7k views
15 votes
James borrows $4,200 to pay his college tuition. He signs a 5-year simple interest loan. Lf the monthly payments are $78. 40, what is the interest rate on the loan?.

1 Answer

0 votes
0.01866 this is what it showed me in Siri
User Metwalli
by
7.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.