Jkeira
Jkeira Jkeira
  • 27-02-2021
  • Mathematics
contestada

What is the simple interest rate if p = $4000, t = 2 years and I = $320

Respuesta :

DWRead
DWRead DWRead
  • 27-02-2021

Answer:

Step-by-step explanation:

interest was $160 for one year.

160/4000 = 0.04 = 4%

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