math help please!!!?

A firm borrows 700 euros and clears the loan at the end of one year by payin 756 euros.What rate per cent annum had the firm to pay.

how did you get the answer..

2007-02-19 01:07:00 · 1 answers · asked by aly 1 in Education & Reference ➔ Homework Help

1 answers

interest = 756 - 700 = 56
rate of interest = 56/700 *100 =8%

2007-02-19 01:16:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋

fedest.com, questions and answers