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lesya [120]
3 years ago
13

Find the interest rate. Interest: $24 Principal: $400 Time:2 years

Mathematics
1 answer:
stiv31 [10]3 years ago
4 0
Interest= Principal x Rate x Time (in yrs)
24=400 x R x 2
24=800 x R
R=24/800
R=.03
R= 3 %

Hope this helps :)
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