document.write( "Question 964878: Calculate the rate if a man receives $8400 as interest on $13125 in 8years \n" ); document.write( "
Algebra.Com's Answer #589659 by amarjeeth123(569)![]() ![]() ![]() You can put this solution on YOUR website! Interest=Ptr/100 \n" ); document.write( "8400=13125*8*r/100 \n" ); document.write( "8400=1050*r \n" ); document.write( "r=8400/1050=8 \n" ); document.write( "The rate of interest is 8 percent. \n" ); document.write( " |