2 years ago

If the simple interest on $7,000 for 6 years is $2,100 then what is the interest rate?

Mathematics

2 answers:

malfutka [58]2 years ago

4 0

Answer:

your not even helping anyone but only steeling thee points

Step-by-step explanation:

Sladkaya [172]2 years ago

4 0

Answer:

0.03 or 3%

Step-by-step explanation:

I = Prt

r = I/(Pt)

r = 1200/(7000 * 6)

r = 1200/42000

r = 0.03

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If the simple interest on ​$7,000 for 6 years is ​$​2,100 then what is the interest​ rate?

If the simple interest on $7,000 for 6 years is $2,100 then what is the interest rate?