Mike Drago took out a loan for $3,300 at the Gold Coast Bank for 270 days. If the bank uses the ordinary interest method, what rate (in %) of interest was charged if the amount of interest was $229?...

Mike Drago took out a loan for $3,300 at the Gold Coast Bank for 270 days. If the bank uses the ordinary interest method, what rate (in<br>%) of interest was charged if the amount of interest was $229? Round your answer to the nearest tenth of a percent.<br>9.8<br>X %<br>Need Help?<br>Read It<br>

Extracted text: Mike Drago took out a loan for $3,300 at the Gold Coast Bank for 270 days. If the bank uses the ordinary interest method, what rate (in %) of interest was charged if the amount of interest was $229? Round your answer to the nearest tenth of a percent. 9.8 X % Need Help? Read It

Jun 04, 2022

SOLUTION.PDF

Mike Drago took out a loan for $3,300 at the Gold Coast Bank for 270 days. If the bank uses the ordinary interest method, what rate (in %) of interest was charged if the amount of interest was $229?...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment