what to know the percentage of 10000 if i pay300 for 48 months

just want to know how much percentage ,10000 for 48 months if i pay 300 a month

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1 Answer

first multiply 48 * 300 = 14400

subtract 10000 = 4400 that is the amount of interest.

48/4400 = .01 or 1% interest.

 

by Level 10 User (55.7k points)

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