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If the simple interest on ​$5000 for years is ​$2400​, then what is the interest​ rate?

If the simple interest on ​$5000 for years is ​$2400​, then what is the interest​ rate?
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3 votes
If the simple interest on ​$5000 for years is ​$2400​, then what is the interest​ rate?

User Pajar Fathurrahman
by
8.1k points

1 Answer

3 votes
4000 because of 500 and then 200
User Zharf
by
7.8k points
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