Question:

Anyone like math??

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interest rate math problems?

A man borrowed $65 from a friend for one year. He paid $7.80 in interest. What rate of interest was charged by the friend?

thnxx

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  1. 12%


  2. 10% remember its over 12 months not 10

  3. Gosh, I suck at math, I don't really like it...hehe.

    http://answers.yahoo.com/question/index?...

  4. Ewwwwwwwwww Mathhhhh............

  5. I love math... guess that's why I didn't ask other people to do my homework for me.  ;-)

    You'll like it more when you get better at it; the only way to do that is to practice  ;-)

  6. Principal: 65.00

    Interest: 21.45%

    Time: 12 months

    Total interest: 7.80

    Total Payments: 72.80
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