Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Donna has a $300 loan through the bank she is charged a simple rate The total interest she paid on the loan was $63 As a percentage what was the annual interest rate on her loan

Sagot :

Answer:

21%

Step-by-step explanation:

($63*100%) / $300 = 21%

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.