Solve the following word problems. Round to the nearest cent when necessary.Mickey Sporn
Chapter 0, Problem 31(choose chapter or problem)
Solve the following word problems. Round to the nearest cent when necessary.Mickey Sporn took out a loan for $5,880 at the Linville Ridge Bank for 110 days. The bank uses the ordinary method for calculating interest. What rate of interest was charged if the amount of interest was $275? Round to the nearest tenth of a percent.
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