26michaeldeas 26michaeldeas
  • 07-01-2021
  • Mathematics
contestada

If the simple interest on ​$7000 for 5 years is ​$​2800, then what is the interest​ rate?

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GeraldPrince
GeraldPrince GeraldPrince
  • 07-01-2021

Answer: $2800 two times aka 5600 plus 1400 added plus

Step-by-step explanation:

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suman4720
suman4720 suman4720
  • 07-01-2021

Answer:

R%= P × T /SI

r = $7000×5 /$2800

r= 12.5%

plzz thnx my answer..

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