melanieaguilar0625 melanieaguilar0625
  • 10-12-2019
  • Mathematics
contestada

If the simple interest on ​$5,000 for 7 years is ​$1,750​, then what is the interest​ rate?

Respuesta :

fkdkdlld fkdkdlld
  • 10-12-2019

Answer:

Idkdkdk

Step-by-step explanation:

Answer Link
mavludabarotova76
mavludabarotova76 mavludabarotova76
  • 10-12-2019

Answer:

p is the interest rate

in one year we get 5000*p/100 profit

after 7 years 7 *5000*p/100

so,7*50*p=1750

p=5%

Answer Link

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