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please help me on question 12. My substitute teacher didn't know how to do this problem so I'm asking you kind people to help me

please help me on question 12. My substitute teacher didn't know how to do this problem-example-1
User GMe
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1 Answer

1 vote

we first need to find the interest

6192-6000= interest

192 = interest

principal * interest rate= interest

6000 * interest rate = 192

divide each side by 6000

interest rate = 192/6000

interest rate = .032

change to a percent (multiply by 100)

interest rate = 3.2 %

User OoOlly
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