3 years ago

If the simple interest on $4,000 for 7 years is $1,960, then what is the interest rate?

Mathematics

1 answer:

maks197457 [2]3 years ago

4 0

Answer:

The interest if for evey one year it 280 dollars

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If the simple interest on ​$4,000 for 7 years is ​$1,960​, then what is the interest​ rate?

If the simple interest on $4,000 for 7 years is $1,960, then what is the interest rate?