101028
Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

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:

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.