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8. The interest on $2,000 for 2 years is $320. What is the simple interest rate? $ = $2,000 r. $ = $ =r % = r r
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8. The interest on $2,000 for 2 years is $320.

What is the simple interest rate?
$
= $2,000 r.
$
= $
=r
% = r
r

8. The interest on $2,000 for 2 years is $320. What is the simple interest rate? $ = $2,000 r-example-1
User Thomas Materna
by
3.3k points

1 Answer

3 votes

Answer:

8%

Explanation:

User Dmitry Kozlov
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3.2k points
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