ksbruc98 ksbruc98

21-01-2021
Mathematics

contestada

f the simple interest on $4000 for 6 years is $1440, then what is the interest rate?

Respuesta :

surjithayer10 surjithayer10

21-01-2021

Answer:

Step-by-step explanation:

[tex]rate=\frac{interest \times 100}{principle \times time } \\=\frac{1440 \times 100}{4000 \times 6 } \\=6 \%[/tex]

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