Posted by sarah on Monday, July 8, 2013 at 3:53pm.
Loan Amount: $15,000
Method of payment: discount basis
Amount of Interest : $650
Term of loan: 1 year
Effective Rate of Interest (to the nearest tenth): %

Math  Ms. Sue, Monday, July 8, 2013 at 4:23pm
100(650/15,000) = ?