elizac0401 elizac0401
  • 11-04-2022
  • Mathematics
contestada

12.
If $4204 is invested at 4% per year simple interest for 7 years, at what simple interest rate r would it need to be
invested for 5 years to earn the same amount of interest? Express r as a percentage correct to 2 decimal places.

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Agbaje14
Agbaje14 Agbaje14
  • 16-04-2022

The answer to this question is in the picture which is 0.56% to 2dp

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