Question

Please help with the problem that is stated in the photo above!!!!

Answer 1

a 6%

Explanation:

I = Prt

where i is the interest, p is the principle r is the rate and t is the time in years

19 = 950 *r* (4/12)

19 = 316.6666666 r

Divide each side by 316.666666

19/316.666666 = 316.6666666 r/316.66666666

.06 =r

Changing from decimal form to percent form

6% =r