document.write( "Question 1147391: How to calculate the rate percent per annum if $5760 interest is paid when $12800 is invested for 6 years. \n" ); document.write( "
| Algebra.Com's Answer #768708 by Boreal(15235)     You can put this solution on YOUR website! With simple interest, I=prt \n" ); document.write( "so 5760=12800*rate*6 \n" ); document.write( "so 5760/(12800*6)=rate \n" ); document.write( "rate=0.075 or 7.5% \n" ); document.write( " |