If the simple interest earned on $6000 for 9 years is $2,160. Then what is the interest rate? Please explain so I know how to solve problems like these in the future.

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asked Jan 6, 2022 123k views

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If the simple interest earned on $6000 for 9 years is $2,160. Then what is the interest rate? Please explain so I know how to solve problems like these in the future.

Mathematics
middle-school

Kouame asked

by Kouame

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1 Answer

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The interest rate is +906.6 per year.

If the simple interest earned on $6000 for 9 years is $2,160. Then what is the interest-example-1

Shuvo Amin answered Jan 11, 2022

by Shuvo Amin

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