Hank borrowed $25,0… - QuestionCove

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Mathematics 21 Online

OpenStudy (anonymous):

Hank borrowed $25,000 for 3 years to remodel his house. At the end of the loan, he had repaid a total of $29,125. At what simple interest rate did he borrow the money?

11 years ago

sammixboo (sammixboo):

Do you know the formula to solve this?

11 years ago

TheSmartOne (thesmartone):

He isn't even online...

11 years ago

TheSmartOne (thesmartone):

$\Huge\cal\color{blue}{Welcome~to~Open~Study!!}$ It looks like you are new here. This tutorial can help you get started. http://openstudy.com/study#/updates/543de42fe4b0b3c6e146b5e8

11 years ago

TheSmartOne (thesmartone):

11 years ago

sammixboo (sammixboo):

Well, dang. I didn't even pay attention to when he asked this, LOL

11 years ago

sammixboo (sammixboo):

20 min ago, LOL. The leave after 5 min of no one helping

11 years ago

TheSmartOne (thesmartone):

ikr

11 years ago

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