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Question Number 27103 by ktomboy1992 last updated on 02/Jan/18

$$\mathrm{the}\mathrm{intrest}\mathrm{on}\mathrm{a}\mathrm{certain}\mathrm{sum}\mathrm{of}\mathrm{money}\mathrm{at}\mathrm{the}$$$$\mathrm{end}\mathrm{of}6.25\mathrm{year}\mathrm{was}\frac{5}{16}\mathrm{of}\mathrm{the}\mathrm{sum}\mathrm{itself}.\mathrm{what}$$$$\mathrm{is}\mathrm{the}\mathrm{rate}\mathrm{percent}?$$

Commented by mrW1 last updated on 02/Jan/18

$$\Rightarrow Q27016$$

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