rosa’s parents want to lend her money for her high school graduation party, but they also want to teach her about finance and resposibility.

Question

rosa’s parents want to lend her money for her high school graduation party, but they also want to teach her about finance and resposibility. They are lending her $1500 and want to be paid back in 18 months, if they want to get $100 in interest what is the percentage rate they should charge her

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Thanh Hà 4 years 2021-08-18T23:47:01+00:00 1 Answers 10 views 0

Answers ( )

  1. thongdat2
    0
    2021-08-18T23:48:24+00:00
    Reply

    Answer:

    0.066666……

    Step-by-step explanation:

    100/1500=0.6666….

    check by multiplying 1500 by 0.6666, its almost 100, due to the fact the 6 repeats for ever.

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