13.) Solve the problem. If $25,900 earned simple interest of $1036.00 in 8 months, what was the simple interest rate?
13.) Solve the problem.If $25,900 earned simple interest of $1036.00 in 8 months, what was the simple interest rate?a.) 6.6%b.) 5%c.) 6%d.) 5.2%14.) Solve the problem.What is the inflation rate if it takes 14 years for prices in the economy to double after 14 years? Assume an average annual compounding rate. (Round to the nearest tenth percent)15.) Tasha borrowed $12,000 to purchase a new car […]
