kaiguy1284 kaiguy1284
  • 19-02-2021
  • Mathematics
contestada

If the simple interest on $2,000 for 2 years is $280, then what is the interest rate?

Respuesta :

aridjmahamat aridjmahamat
  • 21-02-2021

Answer:

0,28percent

Step-by-step explanation:

If simple interest formula is = P X r X t

Then  interest rate = p X t/ I

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