At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

If the simple interest on ​$7000 for 5 years is ​$​2800, then what is the interest​ rate?

Sagot :

Answer: $2800 two times aka 5600 plus 1400 added plus

Step-by-step explanation:

Answer:

R%= P × T /SI

r = $7000×5 /$2800

r= 12.5%

plzz thnx my answer..