Interest 60693

Mrs. Betka took out a loan of 8,300 euros. After a year, she paid interest of 415 euros. What is the interest rate on Mrs. Betka's loan?

Correct answer:

p =  5 %

Step-by-step explanation:

a=8300 eur i=415 eur  p=100 ai=100 8300415=8300100 415=830041500=5%



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