If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11%!

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11/100 or 11%

the interest rate is 11 percent

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

275 / 2500 = 0.11 =%26gt; 11%

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11.0%

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

= $275/$2500 = .11 or 11%.

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11%

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11% if compounded annually, 10.481512588% if compounded monthly.

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

a little bit to much . but not as bad as credit card

If a loan of $2,500 for 1 yr and the interest charge is $275, what's the interest rate?

11 percent.

2775=2500(1+i)^1