Find the Annual Interest Rate: r = I (Pt) ' 100 | = $310 P = $1000 t= 5 years

Levtatarov asked Nov 16, 2023

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9 votes

Find the Annual Interest Rate:

r =

I

(Pt)

'

100

| = $310

P = $1000

t= 5 years

Levtatarov asked Nov 16, 2023

2.6k points

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21 votes

Answer:

interest is equal to the product of profit and the year. 5(1000)

Reuns answered Nov 23, 2023

by Reuns

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