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Lyrx [107]
2 years ago
8

If $917 earned $45 in 9 months, what was the simple interest rate of the investment

Mathematics
1 answer:
Mrac [35]2 years ago
8 0

Example 2. Simple interest on $5000 over 4 years is $1800, what is the interest rate? Example 3. If you borrow $1200 at a 5% annual interest rate, how long will it take for the total amount owed to reach $1300? Example 4. Find the principal if the simple interest in 14 days at 25% per annum is 100.

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stich3 [128]

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