Suppose that you borrow $4000.00 from a friend and promise to pay back $7360.00 in 4 years. What simple interest rate will you pay?

asked Jan 9, 2021 95.1k views

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the formula on how u calculate the simple interest is P×PRT ( PRICE *RATE *TIME )

THE THING IS WHTS THE RATE IN HERE????

UpTheCreek answered Jan 13, 2021

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