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What is the interest rate of 36000=168000 r?

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What is the interest rate of 36000=168000 r?

asked Sep 16, 2023 54.9k views

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What is the interest rate of 36000=168000 r?

Mathematics
college

Sigurd Mazanti asked

by Sigurd Mazanti

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1 Answer

5 votes

Answer:

21.4%

Explanation:

$r=(36000)/(168000) \approx 0.214=21.4\%$

RussellH answered Sep 20, 2023

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