20-03-2017
Mathematics

Answered

Carrie borrows $2600 at an interest rate of 2.5%. The interest paid is $536.25. For how long did she borrow the money?

Verified Answer :

Aliwohaish12 Aliwohaish12

20-03-2017

t=i/pr
t=536.25/(2600*0.025)
t=8.25 years

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