Use the formula to reach a solution for the following problem.
?
One month a credit card company charged $9.27in interest on a balance of $3,708. What annual interest rate is the credit card company charging?
?

A. 5%
B. 3.5%
C. 2%
D. 3%
E. none of these


Answer: D

Mathematics

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A.

B.

C.

D.

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Write the rate as a simplified fraction. Then write the rate in word form.265 hours for 10 projects

A.  
265 hours for every 53 projects
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