Ask a New Question

Question

Find the annual percentage rate on a loan of $1,500 for 18 months if the loan requires $190 interest and is repaid monthly.
11 years ago

Answers

Ms. Sue
I = PRT

Note: T = 1.5

11 years ago

Related Questions

Find the annual rate, r that produces an effective annual yield of 6.3% when compounded continuosly.... What is the annual percentage yield of a $10,000 investment for 1 year at 12% interest compounded mo... what is the annual percentage yield (apy) of a simple discount note for $7000 at a bank discount rat... find the annual percentage yield (to the nearest 0.01%). a bank offers an APR of 3.1% compounded da... What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter? Find the annual percentage yield (APY). A bank offers an apr of 2.3% compounded daily find the percentage rate of change. P(t)3.5(0.91)^t What is the annual percentage rate (APR) on a credit card? Responses the expected return on the... How do the Annual Percentage Rates (APRs) on payday loans get to be so high?---¿Cómo llegan a ser ta... What is an annual percentage rate (APR)? It's another term for variable interest. A percentage of...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use