Solve the problem. Round money to the nearest cent, rate to the nearest tenth of a percent, and time to the nearest day. Jane Clark borrowed some money from her bank. After 242 days, she paid a...


Solve the problem. Round money to the nearest cent, rate to the nearest tenth of a<br>percent, and time to the nearest day.<br>Jane Clark borrowed some money from her bank. After 242 days, she paid a maturity<br>value of $11,751, which included interest of $844. Find the interest rate on her loan.<br>O 11.5%<br>O 12.2%<br>O 11.4%<br>O 11.2%<br>

Extracted text: Solve the problem. Round money to the nearest cent, rate to the nearest tenth of a percent, and time to the nearest day. Jane Clark borrowed some money from her bank. After 242 days, she paid a maturity value of $11,751, which included interest of $844. Find the interest rate on her loan. O 11.5% O 12.2% O 11.4% O 11.2%

Jun 09, 2022
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