A man needed money to buy lawn equipment. He borrowed $500.00 for seven months and paid $53.96 in interest. What was the rate of interest?The rate of interest per year was %.(Round to one decimal place as needed.)Help Me Solve ThisCalculatorGet More Help -Clear AllCheck AnConvright o 2021 Pearson Education Inc. All righte reserved Terms of Use Privacy Dolicy Permissions Cpe here to search62°FDIIF3prt scF10F7homeendinserF9F11F12%23%24&4.6.RTYDF.

To calculate the rate of interest per year. Given that: Money borrowed = $500.00 for seven months…

A man needed money to buy lawn equipment. He borrowed $500.00 for seven months and paid $53.96 in interest. What was the rate of interest? ..... %. (Round to one decimal place as needed.) The rate of interest per year was

A man needed money to buy lawn equipment. He borrowed $500.00 for seven months and paid $53.96 in interest. What was the rate of interest? ..... %. (Round to one decimal place as needed.) The rate of interest per year was

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

A man needed money to buy lawn equipment. He borrowed $500.00 for seven months and paid $53.96 in interest. What was the rate of interest?
The rate of interest per year was %.
(Round to one decimal place as needed.)
Help Me Solve This
Calculator
Get More Help -
Clear All
Check An
Convright o 2021 Pearson Education Inc. All righte reserved Terms of Use Privacy Dolicy Permissions C
pe here to search
62°F
DII
F3
prt sc
F10
F7
home
end
inser
F9
F11
F12
%23
%24
&
4.
6.
R
T
Y
D
F.

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