skimliberty349
Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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%.

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.