Math, asked by patelatish8120, 1 year ago

What simple interest rate will robert need to secure to make $2,500 in interest on a $10,000 principal over 5 years? 1 4% 2 7% 3 6% 4 5%

Answers

Answered by saxenas
0

Answer:

5%

Step-by-step explanation:

2500= (10000*5*rate)/100 by formula

interest = principle *rate *time /100

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