Chinabeau
Chinabeau
05-04-2017
Mathematics
contestada
What is the interest rate ?
Respuesta :
mdarrow01
mdarrow01
05-04-2017
Let's solve it together.
r=(1/t)(A/P-1)
r=(1/5)((5994.79/4100)-1)=0.09242878
r=0.09242878
No0w0 convert to a percentage.
r=0.09242878×100
=
9.2429%
Hope This Helps and God Bless!
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