asked 158k views
1 vote
If the simple interest on ​$7,000 for 6 years is ​$​2,100 then what is the interest​ rate?

2 Answers

5 votes

Answer:

0.03 or 3%

Explanation:

I = Prt

r = I/(Pt)

r = 1200/(7000 * 6)

r = 1200/42000

r = 0.03

answered
User Chirag Ravindra
by
8.0k points
5 votes

Answer:

your not even helping anyone but only steeling thee points

Explanation:

answered
User Hohner
by
7.9k points

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