shamonawodoe shamonawodoe

26-02-2017
Mathematics

contestada

The simple interest on a loan of $6000 for 3 years was $900. what was the rate of interest per annum? Please help :)

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Aliwohaish12 Aliwohaish12

26-02-2017

R=i/pt
R=900/6000*3=0.05*100=5%

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