Posted by **George ** on Sunday, January 5, 2014 at 10:26pm.

. Compute the rate for the following loan. Round your answer to the nearest tenth of a percent.

Principal

Rate (%)

Time

Interest

$50,000

9 months

$4,500

(Points : 2)

## Answer This Question

## Related Questions

- Business Math - Compute the rate for the following loan. Round your answer to ...
- Business math - Compute the rate for the following loan. Round your answer to ...
- math - Compute the rate for the following loan. Round answers to the nearest ...
- Business Math - Compute the simple interest. Assume 1 month to be of a year. ...
- business Math - You were offered the opportunity to purchase either a simple ...
- math - Using the formula, compute the true annual interest rate. Loan amount = $...
- consumer math - Jim opened an account with $400. The account pays three percent...
- algebra - The principal P is borrowed and the loan's future value, A, at time t ...
- math - A loan company charges $20 interest for a two-month loan of $325. Find ...
- finance - The banks offers a rate of 8 1/4 percent with a 20percentcompensating ...

More Related Questions