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5 September, 12:16

If the simple interest on $4000 for 9 years is $1800, then what is the interest rate.

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Answers (2)
  1. 5 September, 15:06
    0
    5%

    Step-by-step explanation:

    4000 * 9 * r = 1800

    r = 1800/36000

    r = 0.05 * 100

    5%
  2. 5 September, 16:01
    0
    9% or 0.09

    Step-by-step explanation:

    so 1800/4000 is. 45 then we do. 45/5 which is 0.09 and if u wanna double check do 4000 x 0.09 then that gives us 360 then we do 360 x 5 for 5 years that you've been investing which leaves us with 1800 which is the interest you got.
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