Ask Question
17 March, 10:51

I=$54, P=$900, t=18 months what the asnwer

+4
Answers (1)
  1. 17 March, 11:13
    0
    Assume simple interest.

    I=Pin

    =>

    54=900*i * (18/12)

    =>

    i=54/900*12/18

    =0.04

    =4%

    Annual simple interest rate is 4%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “I=$54, P=$900, t=18 months what the asnwer ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers