You just borrowed $2 500 and have agreed to repay the bank $560 at the end of each of the next five years. What is the annual interest rate of the loan?

What will be an ideal response?


Trades & Technology

You might also like to view...

Briefly describe what causes the armature to act as a generator in the process of dynamic braking.

What will be an ideal response?

Trades & Technology

The ratio of the density of a gas to the density of air is called

a. specific heat b. specific gravity c. heating value d. therm

Trades & Technology

Discuss how to repair cracks in areas where the foundation and the lower edge of exterior brick or siding meet.

What will be an ideal response?

Trades & Technology

____ are drawings that show the materials used in a job and how they fit together to form a completed structure.

A. Fragments B. Portions C. Sections D. Segments

Trades & Technology