Asked by tinya
P=$4000.00,A=$5200.00,T=5years what is the simple interst rate
Answers
Answered by
Ms. Sue
I = PRT
1200 = 4000 * R * 5
1200 = 20,000R
0.06 = 6% = R
1200 = 4000 * R * 5
1200 = 20,000R
0.06 = 6% = R
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