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Mathematics, 17.02.2021 15:40 flixtier
OFFERING BRAINLIEST !! Using the formula, compute the true annual interest rate to the nearest tenth.
![Interest (I) = \frac{2yc}{m(n+1)}](/tpl/images/2153/9157/56d42.png)
Loan amount = $9,500
Monthly payments = $227.50
Time of loan contract = 5 years
Interest rate = _%
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Answers: 1
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OFFERING BRAINLIEST !! Using the formula, compute the true annual interest rate to the nearest tenth...
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