With interest of $1,832.00 and a principal of $16,000 for 206 days, use the ordinary interest method to determine the rate.

A. 20%
B. 2%
C. 12%
D. 10%

Question

11-03-2015
Mathematics

Answered

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With interest of $1,832.00 and a principal of $16,000 for 206 days, use the ordinary interest method to determine the rate.

A. 20%
B. 2%
C. 12%
D. 10%

Sagot :

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