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If the simple interest on $6000 for 2 years is $960 then what is the interest rate

If the simple interest on $6000 for 2 years is $960 then what is the interest rate
asked 221k views
1 vote
If the simple interest on $6000 for 2 years is $960 then what is the interest rate

asked
User Sara Vaseei
by
7.5k points

2 Answers

7 votes

Answer:

7%

Explanation:

answered
User Apostrophedottilde
by
7.5k points
2 votes
the interest rate would be 7%
answered
User Monisha
by
7.7k points
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