StevenDaSavage16 StevenDaSavage16

13-01-2019
Mathematics

contestada

If your parents put $600 in as their principal, they have it in for 6 years, and the interest is $100, what was the interest rate?

Respuesta :

greatjordyb greatjordyb

13-01-2019

Answer:

2.77%

Step-by-step explanation:

100 = 600 * r * 6

100 = 3600r

100/3600 = .027777778

.027777778 * 100 = 2.7777778

2.77%

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