Register

If the simple interest on $4,000 for 10 years is $3,200,then what is the interest rate

If the simple interest on $4,000 for 10 years is $3,200,then what is the interest rate
182k views
1 vote
If the simple interest on $4,000 for 10 years is $3,200,then what is the interest rate

User Anton Shuvalov
by
7.3k points

2 Answers

3 votes
The. Interest rate would be 1.25.
User Sherian
by
8.3k points
5 votes
The answer will be 1.25
User Jastr
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!