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SIMPLE INTEREST Interest = $40 Principal = $400 Interest rate = ? Time = 2 years

SIMPLE INTEREST Interest = $40 Principal = $400 Interest rate = ? Time = 2 years
asked 136k views
15 votes
SIMPLE INTEREST

Interest = $40
Principal = $400
Interest rate = ?
Time = 2 years

asked
User Buddhima Udaranga
by
8.7k points

1 Answer

8 votes

Answer:

the interest rate is .4% or .0041666 etc. It's not a very realistic

Explanation:

answered
User Eric Landheer
by
7.8k points
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