Solve the equation involving simple interest. If 7500$ grows to 8700$ after four years, find the simple interest rate.

Jjaskulowski asked Jan 21, 2022

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12 votes

Solve the equation involving simple interest.

If 7500$ grows to 8700$ after four years, find the simple interest rate.

Jjaskulowski asked Jan 21, 2022

2.6k points

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23 votes

Explanation:

look it is very easy.

use formula of simple interest

Jim Yu answered Jan 28, 2022

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