Register

If the simple interest on $6,000 for 6 years is $1,800, then what is the interest rate?​

If the simple interest on $6,000 for 6 years is $1,800, then what is the interest rate?​
asked 115k views
4 votes
If the simple interest on $6,000 for 6 years is $1,800, then what is the interest rate?​

asked
User Robosoul
by
7.9k points

1 Answer

7 votes

Answer:

10%

Explanation:

1800/3 = 600

600/6000 = 10%

answered
User Nicolas Mommaerts
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!