skimliberty349
Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Mr. Miranda borrowed $8,800 for 12 months at simple interest to pay for a new swimming pool. If Mr. Miranda paid the bank a total of $10,287.20, what was the simple interest rate of the loan?
85.5%
1.4%
16.9%
14.5%

Sagot :

bilaal6090

The answer would be b, or 1.4%.

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.