February 24, 2017

Homework Help: math

Posted by wilton on Friday, May 2, 2014 at 10:06am.

Using the formula, compute the true annual interest rate.

Loan amount = $9,500
Monthly payments = $227.50
Time of loan contract = 5 years

True annual interest rate (to the nearest tenth

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions