What is the annual simple interest rate?I=$17, P=$500, t=2 years
1 answer:
Answer:
Step-by-step explanation:
Given,
Interest ( I ) = $ 17
Principal ( P ) = $ 500
Time ( T ) = 2 years
Rate ( R ) = ?
<u>Finding </u><u>the</u><u> </u><u>simple </u><u>Interest</u><u> </u><u>rate</u><u> </u><u>:</u>
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