Question
A person buys a stove that costs Q. 9,500. Pay a down payment of Q. 2,000 and agrees to pay Q 8,000 nine months later, what interest rate simple annual paid?, in excel
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Answer to a math question A person buys a stove that costs Q. 9,500. Pay a down payment of Q. 2,000 and agrees to pay Q 8,000 nine months later, what interest rate simple annual paid?, in excel
Darrell
4.596 Answers
Monto del préstamo
9500-2000=7500
Tiempo:
9\div12=0,75
Interés
8000-7500=500
I=Impr
500=7500(r)(0,75)
r=8.89\%
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