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Ms. Jordan has been given a loan of 2500 for 1 year. If the interst charged is $275, what is the interest rate on the loan?
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Divide: 275 / 2500 = ?
Convert the decimal answer to a percent.
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if a loan is given for 2,500 for 1 year and the interest charged is 275 dollars what is the interest rate on the loan? how do I
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To find the interest rate on a loan, you need to use the formula for simple interest: Interest =
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Can you tell me if I got these wrong or right?
1. Ms. Jordan has been given a loan of $2,500 for 1 year. If the interest charged
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all correct.
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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
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275 / 2500 = ?
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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
Top answer:
275 / 2500 = ? Change the decimal to a percent to find the interest rate.
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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?
Top answer:
275 / 2500 = ?
Read more.
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?
Top answer:
rate = interest/(principal*time) = 275/2500 = .11 so 11%
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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?
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Please see my previous answer. http://www.jiskha.com/display.cgi?id=1220404089
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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?
Top answer:
275 / 2500 = ?? Change the decimal to a percent.
Read more.
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?
Top answer:
I = P*R*T so R = I/(PT) Rate = 275/(2500) = .11 or 11% check by taking 11% of $2500
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A loan of 2500for 1 year Interest is 275 what is the interst rate of the loan
Top answer:
275 / 2500 = ??
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