Hilary hu borrowed $4,500.00 to pay for a viola. she agreed to pay back $5,200.00 in 219 days. what exact interest rate was she paying? (round your answer to the nearest tenth of a percent.) 27.1% 18.5% 17.3% 25.9%

answer : 25.9%

Hilary Hu borrowed $4,500.00 to pay for a viola. She agreed to pay back $5,200.00 in 219 days.

Interest to be paid = 5200 - 4500 = $700

To find the rate we use simple  interest formula

I is the interest

P is the principal amount = 4500

r is the rate of interest

n is the number of days= 219

Multiply by 36500 on both sides

25550000= 985500 r

Divide by  985500

r = 25.92592

so interest rate is approximately = 25. 9%

idk im srry

step-by-step explanation: