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irga5000 [103]
2 years ago
8

F the simple interest on ​$4000 for 6 years is ​$1440​, then what is the interest​ rate?

Mathematics
1 answer:
Alborosie2 years ago
7 0

Answer:

Step-by-step explanation:

rate=\frac{interest \times 100}{principle \times time } \\=\frac{1440 \times 100}{4000 \times 6 } \\=6 \%

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