saudalqassimi12345 saudalqassimi12345

22-03-2021
Mathematics

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The interest of $6000 in 3 years is 600. what is the simple interest rate?who is this

Respuesta :

mhanifa mhanifa

22-03-2021

Answer:

3.33%

Step-by-step explanation:

The interest amount in one year:

600/3 = 200

Interest rate:

200/6000*100% = 3.33%

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