2 years ago

If the simple interest on $2,000 for 2 years is $280, then what is the interest rate?

Mathematics

1 answer:

Aleks04 [339]2 years ago

6 0

Answer:

0,28percent

Step-by-step explanation:

If simple interest formula is = P X r X t

Then interest rate = p X t/ I

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Answer:

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Step-by-step explanation:

$\frac{2x + 1}{ \frac{1}{x} + \frac{1}{x + 1} }$

Make denominators same:

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Add the numerators:

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Step-by-step explanation:

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