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If the simple interest on $2,000 for 3 years is $300 then what is the interest rate?

If the simple interest on $2,000 for 3 years is $300 then what is the interest rate?
asked 175k views
12 votes
If the simple interest on $2,000 for 3 years is $300 then what is the interest rate?

asked
User Eprothro
by
7.7k points

1 Answer

6 votes

Answer:

100 dollars a year

Explanation:

answered
User Tom Baldwin
by
7.8k points
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