What is the simple interest rate if p = $4000, t = 2 years and I = $320
1 answer:
Answer:
Step-by-step explanation:
interest was $160 for one year.
160/4000 = 0.04 = 4%
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I could be wrong, but I think its 35%.
<span>(y=mx+b) or (ax+by=c) hope this helped
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