SOLUTION: if the principal is 125.00 rate = ?% time = 4years interest = 35.00 what would the answer be

SOLUTION: if the principal is 125.00 rate = ?% time = 4years interest = 35.00 what would the answer be

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Question 188020: if the principal is 125.00
rate = ?%
time = 4years
interest = 35.00
what would the answer be
Answer by Mathtut(3670) (Show Source): You can put this solution on YOUR website!
I=Prt
:
35=125(r)(4)
:
r=35/600=.0583(100)=5.83%
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