worthymariah26 worthymariah26
  • 28-05-2021
  • Mathematics
contestada

If the simple interest earned on $6000 for 9 years is $2,160. Then what is the interest rate?

Respuesta :

banone118
banone118 banone118
  • 30-05-2021

Answer:

4 %

Step-by-step explanation:

1 year interest =2160÷9

= £240

Interest rate=240/6000 ×100

=4%

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