beachymax beachymax

16-02-2024
Mathematics

contestada

How do I calculate the monthly interest rate for the following: The booster club offered to loan the student council $960 and would add $36 interest each month

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y87xns9jcn y87xns9jcn

16-02-2024

3.6%, you find this by setting up 36/960=x/100 and cross multiplying followed by solving for x

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