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3 years ago

the simple intrest earned on $500,000 invested for eighteen months is $90,000 what was the interest rate?

Mathematics

2 answers:

kvv77 [185]3 years ago

7 0

Answer:

am comin to you I going to work it

Black_prince [1.1K]3 years ago

6 0

12% interest. since 500,000 x 1.12 every year, and the length was 18 months, 500,000 x 1.18 = 90,000 after eighteen months.

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the simple intrest earned on $500,000 invested for eighteen months is $90,000 what was the interest rate?​

the simple intrest earned on $500,000 invested for eighteen months is $90,000 what was the interest rate?