rexow70047 rexow70047

05-12-2020
Mathematics

contestada

If the simple interest on $5,000 for 6 years is $2,400 then what is the interest rate?
The rate is __%

Respuesta :

mabelleanne mabelleanne

05-12-2020

Answer:

8%

Step-by-step explanation:

2400 ÷ 6 = 400

400/5000 × 100 = 8%

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