nikkifox07 nikkifox07

23-02-2021
Mathematics

contestada

I= 40$ P=500$ t=16 months?

I 40 P500 t16 months class=

Respuesta :

23-02-2021

Answer:

Step-by-step explanation:

You should have specified that this is simple interest.

I=P(r/12)t

r=(12I)/(Pt)

r=(12(40))/(500(16))

r=0.06

r=6%

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