Ask Question
5 December, 06:37

Item 8

Find the annual interest rate. Round your answer to the nearest hundredth of a percent.

I=$160.67, P=$2000, t=8 months

+3
Answers (1)
  1. 5 December, 06:53
    0
    The answer is 160.67 = (2000) xr*8/12; r=0.02277
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Item 8 Find the annual interest rate. Round your answer to the nearest hundredth of a percent. I=$160.67, P=$2000, t=8 months ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers