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If the simple interest on 2000 for 4 years 560 dollars then what is the interest rate
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4 votes
If the simple interest on 2000 for 4 years 560 dollars then what is the interest rate

User Bentolor
by
8.7k points

1 Answer

2 votes

Answer:

I think the interest rate = 44,800

Explanation:

S.I = PRT/100

S.I = 2000×560×4/100

S.I = 4,480,000/100

S.I = 44,800

User Abellina
by
8.0k points
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