Question

Find each missing value.

3. R if I = rs.364 P = 1300, T = 7 years​

Answer 1

Answer

r= 25 %

Step-by-step explanation:

Answer 2

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:)