Question

Find the rate R in each simple interest investment. a) Interest of $7200 on $8000 for 12 years

Answer 1

Answer:

Your answer is 7.5%

Step-by-step explanation:

Hope it helps you a lot....

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Answer 2

Hey,your answer is 7.5℅..

You can calculate rate by using R=I×100/P×T

where (I) is interest,(p) is principal,(T) is time and (R) is rate..

Hope it helps you a lot..