SOLUTION: Please help clarify at how you arrive at the answer to this question:
at what rate of simple interest will 1000 accumulate to 1420 in 2.5 years
Algebra.Com
Question 700102: Please help clarify at how you arrive at the answer to this question:
at what rate of simple interest will 1000 accumulate to 1420 in 2.5 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
420=1000r2.5
420=2500r
420/2500=r
0.168=16.8%
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