Daniela V.

asked • 04/02/13

You invest $5,000 in an account simple interest. The balance after 6 years is $6,200. What is the interest rate?

i understand how to do simple interest i just  don't understand this question. how are you soppused to find the interest rate?




2 Answers By Expert Tutors


Raf Z. answered • 04/02/13

4.9 (431)

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