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borrowed $3,500 and paid back $4,200 at the end of 4 years. What was the average annual compound rate of interest on the loan?
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borrowed $3,500 and paid back $4,200 at the end of 4 years. What was the average annual compound rate of interest on the loan?

User Banesto
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2 Answers

6 votes
i believe it would be $175
User Barankin
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ANSWER

My answer is in the phograph above

borrowed $3,500 and paid back $4,200 at the end of 4 years. What was the average annual-example-1
User ManishChristian
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