Math, asked by rathoremukesh782, 9 months ago

What rate gives $408 as interest on a sum of $85,000 in 3 years

Answers

Answered by anushri57

3

1.44%

Step-by-step explanation:

Interest=P×T×R÷100

408=85000×3×R÷100

100×408=85000×3×R

R=100×408÷85000×3

R=1.44%

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