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OpenStudy (awesomedude2078):
Loan amount = $9,500 Monthly payments = $227.50 Time of loan contract = 5 years True annual interest rate (to the nearest tenth) = _____.
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OpenStudy (awesomedude2078):
@GIitter
OpenStudy (awesomedude2078):
@AloneS
alones (alones):
Hrm so it's supose to be in decimal?
OpenStudy (awesomedude2078):
yes
alones (alones):
Alright Im not sure if it is right but i got \(1.164\) Im not sure if you can convert that to something else, unless to percentage.
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OpenStudy (awesomedude2078):
@AloneS have you ever seen this formula
alones (alones):
.-.
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