Question

d. Simple Interest=2700 Principal = 75000
Time=219 days

find the rate​

Answer 1

Step-by-step explanation:

use this formula (p×r×t) 100

2700=(75000.x.219)100

2700/100=(75000.x.219)

27 = ( 16,425,000 × X)

27/X = 16425000

1/X =16425000/27

1/x = 608333.333

Answer 2

Answer:

Step-by-step explanation:

FORMULA FOR SIMPLE INTEREST IS

A = P (1 + rt)

A =  final amount

P =  initial principal balance

r =  annual interest rate

t =  time (in years)

SO, PUTTING IN FORMULA

              2700=75000(1+r219/365)

         => 2700= 75000+219*75000*r/365

            =>75000-2700=45000r

              => r=-1.6067

BUT r IS ALWAYS POSITIVE SO r= 1.6067