To buy new equipment, a business owner borrowed $4,200.00 for 2 years and paid $850.00 simple interest on the loan. What rate of interest did she pay?
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “To buy new equipment, a business owner borrowed $4,200.00 for 2 years and paid $850.00 simple interest on the loan. What rate of interest ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A 2014 trailer for the TV show Homeland actually featured technology that made phones vibrate during exciting scenes, such as during bomb explosions and other suspenseful moments.
Answers (2)
Financial compensation of individual research participants is one way to achieve a favorable ratio of benefit to risk, provided that the amount does not constitute undue inducement.
Answers (1)
One of the primary factors that influences the interest rate a firm pays on long-term loans is the
Answers (1)
How do insurance companies make money
Answers (1)
Pavel is using the storyline approach in his presentation. He says that the coffee shop chain he works for faces the challenge of improving its customer service orientation.
Answers (1)
New Questions in Business
What is the par value for an ingredient?
Answers (1)
What is the second rule of risk management
Answers (2)
A typical high-income household in 1980 earned $125,556. a similar household in 2009 earned $180,001. what was the relative increase in income for these households from 1980 to 2009? round to the nearest one percent. incorrect%
Answers (1)
The phrase to "design the rules of the game without specifying the actions of the players" refers to what type of manager? a. Keeping tabs b. Individuals over teams c. Controllers d. Enablers
Answers (1)
How can cybercriminals harm a person whose personal information they have stolen?
Answers (1)