Register

What the rate if the principal is 5,000, the time is 10 years, and the interest is 2,950?

What the rate if the principal is 5,000, the time is 10 years, and the interest is 2,950?
asked 34.6k views
0 votes
What the rate if the principal is 5,000, the time is 10 years, and the interest is 2,950?

asked
User RAVITEJA SATYAVADA
by
7.9k points

1 Answer

0 votes

Answer: 5.9%

Hope this helps!

answered
User Probocop
by
9.0k 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!