mackenzieg457
mackenzieg457 mackenzieg457
  • 22-11-2021
  • Mathematics
contestada

I= $50
P= $500
r= ?
t= 5 years

Respuesta :

agucate999
agucate999 agucate999
  • 22-11-2021

Answer:

2%

Step-by-step explanation:

Interest Rate = (Simple Interest × 100)/(Principal × Time).

50= 500(5)(r)

50= 2500r

50/2500= .02 or 2%

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