Register

If the simple interest on ​$4,000 for 3 years is ​$1,080​, then what is the interest​ rate?

If the simple interest on ​$4,000 for 3 years is ​$1,080​, then what is the interest​ rate?
asked 146k views
22 votes
If the simple interest on ​$4,000 for 3 years is ​$1,080​, then what is the interest​ rate?

asked
User Naren Yellavula
by
7.9k points

1 Answer

9 votes

Answer:

9% is your interest rate

Explanation:

answered
User Katelyn
by
8.8k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!