nicole borrowed $4000 from a bank for 6 years and was charged simple interest. the total interest that she paid was $2160. as a percentage, what was the annual interest rate of her loan?

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13-06-2024
Mathematics

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nicole borrowed $4000 from a bank for 6 years and was charged simple interest. the total interest that she paid was $2160. as a percentage, what was the annual interest rate of her loan?

Sagot :

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nicole borrowed $4000 from a bank for 6 years and was charged simple interest. the total interest that she paid was $2160. as a percentage, what was the annual interest rate of her loan?​

Sagot :

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nicole borrowed $4000 from a bank for 6 years and was charged simple interest. the total interest that she paid was $2160. as a percentage, what was the annual interest rate of her loan?