If the simple interest on $5000 for years is $2400, then what is the interest rate?
1 answer:
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(I)1.272727... = 14/11
(II)0.1282828...= 127/990
(The solution is in the picture
NB : the two points on the two numbers in the solution means those two numbers are recurring or repeating )
(II)0.1282828...= 127/990
(The solution is in the picture
NB : the two points on the two numbers in the solution means those two numbers are recurring or repeating )