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Johnnie Rox borrowed $3,500.00 to tile his house. He agreed to pay back $4,000.00 in 180 days. What...
4 months ago
Q:
Johnnie Rox borrowed $3,500.00 to tile his house. He agreed to pay back $4,000.00 in 180 days. What ordinary interest rate was he paying? (Round your answer to the nearest tenth of a percent.)12.5%25.0%3.0%28.6%
Accepted Solution
A:
Answer:28.6Step-by-step explanation: