At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Answer: Simple interest Rate = 6.6%
Step-by-step explanation:
Simple Interest = PRT/100
P = $6000
T=1
R= ?
Simple Interest = 396
From Simple Interest = PRT/100
396 = (6000 x R x 1)/100
396 = 6000R/100
39600 = 6000R
R = 39600/6000
R = 6.6%
Simple interest Rate = 6.6%
We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.