maryssajones21
maryssajones21 maryssajones21
  • 12-02-2020
  • Mathematics
contestada

Complete the Table.

| Principal:18,000| Interest Rate:?%| Time:54 months|Simple interest:4252.50|


Complete the Table Principal18000 Interest Rate Time54 monthsSimple interest425250 class=

Respuesta :

joshnajd joshnajd
  • 17-02-2020

Interest rate = 5.25%

Step-by-step explanation:

Simple Interest = Pnr = 4252.50

n = time = 54 months = 4.5 years

r = rate of interest = ?

P = 18,000

r = SI/Pn = 4252.50 / 18000× 4.5

              = 0.0525 = 5.25%

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TheAnimeGirl
TheAnimeGirl TheAnimeGirl
  • 02-04-2020

Hope this will help u...

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