3 years ago

An investment of $1,800 in the stock market

Mathematics

1 answer:

zimovet [89]3 years ago

7 0

Answer:

The simple interest formula is I =PrT

Here I = 378, P = 1800, T = 2

substitute

378 =1800*r*2

r = 378/3600 = .105, i.e. 10.5%

Step-by-step explanation:

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