Ask a New Question

At what rate percent per annum, will $4000 yield an interest of $780 in 18 months (simple interest

1 answer

i = Prt
so plug in your numbers and find r.

Similar Questions

The simple interest on a sum of money is 1/9 of the sum.The number of years is numerically equal to the rate percent per annum.
1. 2 answers
Mrs jasmine Invested $4000 in a building society which paid simple interest at a rate of 7.25% per annum to its investors. After
1. 6 answers
Mrs jasmine Invested $4000 in a building society which paid simple interest at a rate of 7.25% per annum to its investors. After
1. 1 answer
Determine the rate percent per annum if Rs6250 amounts to Rs6760 in six months interest being compounded quarterly.
1. 1 answer

more similar questions