OpenStax, Intermediate Algebra 2e §2.2 Use a Problem Solving Strategy · Exercise 74 · Algebra · Algebra word problems
Use a Problem Solving Strategy · Exercise 74
Solve.
Pablo borrowed $50,000 to start a business. Three years later, he repaid the $50,000, plus $9,375 interest. What was the rate of simple interest?
Its source prints no answer for this problem, so there's nothing to check against.
OpenStax, Intermediate Algebra 2e · §2.2 Use a Problem Solving Strategy · Exercise 74
Stuck? A gentle nudge
No hints for this one.
Your working
Check your full solution
Upload photos of your handwritten work or a PDF, and Lemma will read it and tell you whether it's right — and where it first goes wrong if not.