Sarah paid $30 in interest to borrow $4800 for 3 months.

What annual interest rate did Sarah pay?

A.
0.625%

B.
1.875%

C.
2.5%

D.
7.5%

fanning and giving medal to whoever answers and gets it right first!!

Question

Sarah paid $30 in interest to borrow $4800 for 3 months.

What annual interest rate did Sarah pay?
 
 A.
0.625%
 
 B.
1.875%
 
 C.
2.5%
 
 D.
7.5%

fanning and giving medal to whoever answers and gets it right first!!

anonymous · Answer

ok adding or subtracting multiplication  or division

anonymous · Answer

and we have to find what sarah's annual interest rate is

anonymous · Answer

@Otakugirl00

anonymous · Answer

Uhhhhh....*derpy face*

anonymous · Answer

I don't remember much of my class....so I'm kind of confused....

anonymous · Answer

ok the answer is either d or c

anonymous · Answer

I'm going to take a chance. I'm going with c.