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If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?

If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?
asked 136k views
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If $500 yields $44.59 in simple interest over 6 years, what is the annual rate?

asked
User Thilina Kj
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8.1k points

1 Answer

1 vote
i believe the answer is I = $ 1,337.40
answered
User Biril
by
7.7k points
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