Billy takes out a $2,400 discounted loan using a simple interest rate of 8% for a period of 18 months. What is the effective interest rate? Give your answer as a percentage to the nearest tenth of a percent. Do not include the percent symbol in your answer.

If the simple annual interest rate on a loan is 6, what is the interest rate in percentage per month?

Someone answer asap for ! the following statements are true about the coins calvin and sasha have collected. * calvin and sasha has the same amount of money. * calvin has only quarters. * sasha has dimes, nickels, and pennies * calvin has the same number of quarters as sasha has dimes. * sasha has $1.95 in coins that are not dimes. exactly how many quarters does calvin have?

Elena is paid a constant rate for each hour she works. the table shows the amounts of money that elena earned for various amounts of time that she worked.