Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
You borrow $80 for 2 months and repay $82: A. What simple interest rate did you pay on the loan?
You borrow $80 for 2 months and repay $82:
A. What simple interest rate did you pay on the loan?
Round your answer to FOUR decimal places (i.e. .xxxx). Do not use percentage signs (%).
