Mathematics, 14.11.2020 02:20, Soloved
Mary borrowed $6000 from a bank for 3 years and was charged simple interest. The total interest that she paid on the loan was $720. As a percentage, what was the annual interest rate of her loan?
If necessary, refer to the list of financial formulas.
what is the percent %
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Do one of the following, as appropriate: (a) find the critical value z subscript alpha divided by 2 , (b) find the critical value t subscript alpha divided by 2 . 99%; nequals 17; sigma is unknown; population appears to be normally distributed.
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Mary borrowed $6000 from a bank for 3 years and was charged simple interest. The total interest that...
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