Question

Calculate rate of interest time 5 years amount 160000

Answer 1

this is not the complete collection for send me the complete question in which the rate is also mentioned in percent here rate is not mentioned

Answer 2

Answer:

To calculate daily interest, first convert the interest rate percentage into a decimal by dividing it by 100, then divide that number by 365. Multiply this rate by the principal investment to get the amount that your money will earn each day. Finally, check your math to be sure you didn't make any calculation errors