Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our 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 platform. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.