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(Don't forget to show how you got your answer please!) Find the interest rate. You may answer in decimal form or percent form.

Principal: $2,500, Time: 2 years; Interest: $450

Respuesta :

marleykate08

Answer:

36%

Step-by-step explanation:

I/Pt = r to get your rate.

I = Interest amount paid in a specific time period (month, year etc.)

P = Principle amount (the money before interest)

t = Time period involved

r = Interest rate in decimal

$450 ÷ 2,500(2)=36%

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