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What is the interest rate if… Principal = $1,250 Time = 4 years Interest = $285.

What is the interest rate if… Principal = $1,250 Time = 4 years Interest = $285.
asked 149k views
3 votes
What is the interest rate if…

Principal = $1,250

Time = 4 years

Interest = $285.

asked
User Engtuncay
by
7.6k points

1 Answer

3 votes
The interest rate is 5.7%
answered
User Gish
by
8.8k points
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