Question

Please help!!

If the simple interest on ​$7,000 for 7 years is ​$1,960​, then what is the interest​ rate?

Answer 1

7000x- 28% = 1960

so the answer is 28%

Step-by-step explanation: Its just trial and error. If you have more questions on this topic just try using the calculator and use the x and - method above :)