Math
posted by Gertrude Sanders .
Business and finance. Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?

275 / 2500 = ?
posted by Gertrude Sanders .
Business and finance. Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged is $275, what is the interest rate on the loan?
275 / 2500 = ?