Inactive Tutor answered • 01/12/19
Tutor
New to Wyzant
336 - 280 = 56 The amount of interest he paid.
56/280 x 100 = 20.% interest
T M.
asked • 01/12/19How to determine interest rate to the nesrest percent
Determine the interest rate to the nearest percent.
George paid $280 for a phone using his credit card. He made monthly payments and ended up paying a total of $336.
Follow
•
1
Add comment
More
Report
1 Expert Answer
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
