mukhammad77675 mukhammad77675

30-04-2020
Mathematics

contestada

A store offers customers two ways to pay for a new TV.

Option 1: Pay $1,500 today.

Option 2: Pay nothing today, and take out a simple interest loan to pay a total of $1,650 one year from now.

What is the simple interest rate on the loan in option 2?

Respuesta :

fredbearp959 fredbearp959

30-04-2020

Answer:

You get to keep 150

Step-by-step explanation:

1,500 - 1,650 = 150

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