Find each missing value.
3. R if I = rs.364 P = 1300, T = 7 years
Answers
Answered by
2
Answer
r= 25 %
Step-by-step explanation:
Answered by
18
Answer:
R = 4% p.a.
Step-by-step explanation:
I = Prt
364 = 1300 × 7 × r
r = 364/1300 × 7
r = 52/1300
r = 1/25
r = 0.04
R = r × 100 = 0.04 × 100 = 4% p.a.
Hope it helps you:)
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