Suppose that you borrow $4000.00 from a friend and promise to pay back $7360.00 in 4 years. What simple interest rate will you

Question

3 years ago

13

pay?

1 answer:

Pie · Answer 1 · 2022-04-03T00:22:34+03:00

Pie3 years ago

3 0

the formula on how u calculate the simple interest is P×PRT ( PRICE *RATE *TIME )

THE THING IS WHTS THE RATE IN HERE????

Suppose that you borrow ​$4000.00 from a friend and promise to pay back ​$7360.00 in 4 years. What simple interest rate will you