help
number 8
U need Help?
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Treybepopp1n U need Help? \(\color{#0cbb34}{\text{End of Quote}}\) yes
Okay search Annual rate calculator and that should help U
how much more is 9230 compared to the original price? (what is the interest you paid)
\(\color{#0cbb34}{\text{Originally Posted by}}\) @Treybepopp1n Okay search Annual rate calculator and that should help U \(\color{#0cbb34}{\text{End of Quote}}\) most annual rate calculators online do compounding interest - this question is asking for simple interest
divide
im pretty sure division is required for this
i-
hmmm.. Sure
9230 - 6500 = ?
2730
then divide by 3 because there were 3 years
910
what percent is 910 out of 6500?
divide
yes \(\frac{910}{6500}*100 = ?\)
14%
Yes....
\(\color{#0cbb34}{\text{Originally Posted by}}\) @lilcutie2 14% \(\color{#0cbb34}{\text{End of Quote}}\) Correct, the annual rate is 14%
\(\color{#0cbb34}{\text{Originally Posted by}}\) @KjSaif \(\color{#0cbb34}{\text{Originally Posted by}}\) @lilcutie2 14% \(\color{#0cbb34}{\text{End of Quote}}\) Correct, the annual rate is 14% \(\color{#0cbb34}{\text{End of Quote}}\) thank you
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