2 years ago

If the simple interest on $5,000 for 7 years is $1,750, then what is the interest rate?

Mathematics

2 answers:

balandron [24]2 years ago

7 0

Answer:

p is the interest rate

in one year we get 5000*p/100 profit

after 7 years 7 *5000*p/100

so,7*50*p=1750

p=5%

Rashid [163]2 years ago

4 0

Answer:

Idkdkdk

Step-by-step explanation:

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