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zimovet [89]
3 years ago
8

Find the interest rate I=160.67 P= 2000 t= 8 months

Mathematics
1 answer:
kondor19780726 [428]3 years ago
4 0
It would be: r = I * 100 / P * R
r = 160.67 * 100 / 2000 * 2/3
r = 16067*3 / 4000
r = 48201 / 4000
r = 12.05

So, your final answer is 12.05%

Hope this helps!
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Read 2 more answers
Do you guys know the solution for these? I already have the answers but I need the solution
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