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Marissa borrowed $5,500 from the bank and paid $1,100 in interest. To identify the interest rate, she needed to find what percent of $5,500 is $1,100. What was the percent of the interest rate Marissa paid? Marissa paid blank % interest.

User SamBob
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2 Answers

6 votes

Answer:

20% is the interest she paid.

Explanation:

User Arvind Sisara
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6 votes

Answer:

0.2 which is 20%

Explanation:

divide $5,500 from $1,100. Which equals 0.2 or 20%.

I hope this helped if not im am so sorry

User Echsecutor
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