Math, asked by AshantiYoung13, 3 months ago

If the simple interest on $2,000 for 6 years is $,840 then what is the interest rate?

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Answered by Anonymous

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lMaturity value is the amount to be received on the due date or on the maturity of instrument/security that investor is holding over its period of time and it is calculated by multiplying the principal amount to the compounding interest which is further calculated by one plus rate of interest to the power which is time ...

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