Math, asked by jararuiz, 3 days ago

James borrows $4,200 to pay his college tuition. He signs a 5-year simple interest loan. lf the monthly payments are $78.40, what is the interest rate on the loan?
A.2%
B.2.4%
C.3%
D.3.2%

Answers

Answered by alisson2023

1

Answer:

the answer is D...

D. 3,2%

Step-by-step explanation:

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