Multiple Choice
Use the ordinary interest method to find the rate of interest that Make Over Picture Photo pays on a loan of $8,000 for 285 days, if the amount of interest is $590.00. (Round your answer to the nearest tenth percent)
A) 9.3%
B) 9.1%
C) 9.0%
D) 8.1%
Correct Answer:
Verified
Correct Answer:
Verified
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