101028
Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

PLEAS EHLP ME I DONT UNDERSTAND EXTRA POINTS AND BRAINLIEST PLEASE HLEPS!!!!!!!!!!!!!!!!!!!!


Karsik borrowed $8,500 from a bank. During a period of five years, he paid a total of $2,125 in interest. What was the simple annual interest rate that the bank charged Karsik for his loan?

0.05%

0.5%

5%

7.7%

Sagot :

adityareddykarra

Answer:

5%

Step-by-step explanation:

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.