Question

the simple intrest earned on $500,000 invested for eighteen months is $90,000 what was the interest rate?​

Answer 1

12% interest. since 500,000 x 1.12 every year, and the length was 18 months, 500,000 x 1.18 = 90,000 after eighteen months.

☺️

Answer 2

am comin to you I going to work it