Another company will lend maya’s older sister $4,000. every month, she pay $11.88 in interest. what was the interest rate, rounded to the nearest tenth of a percent, for 1 year?

The interest rate rounded to the nearest tenth of a percent that Maya paid would be $142.6

Step-by-step explanation:

The first thing you need to do is multiply 11.88 x 12 . You must multiply it by 12 because there are 12 months in a year. 11.88 x 12 = 142.56 . That is how much she paid in interest each year. Now you just need to round it to the nearest tenth of a percent. When you round, the rules are: If then number is five or above, you round up. If it is 4 and lower, you round down. So 142.56 rounded to the nearest tenth of a percent would be 142.6

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